Ironworkers Local 21 T&e Fund

Analysis

Ironworkers Local 21 T&e Fund is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Ironworkers Local 21 T&e Fund reported income of $778k and spending of $584k, leaving 25% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income grew from $655k to $778k (+19%), an average of +3.5% a year. The sharpest change came in the year to September 2020, when income rose by 21%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ironworkers Local 21 T&e Fund sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NE. Charities of a similar size with the same main cause include Sound Start Babies Foundation for Deaf and Hard of Hearing Children ($778k), Boothbay Region Student Aid Fund Inc ($778k) and Garrett Memorial Christian School Inc ($778k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 0.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $98k (17% of expenses). Other salaries and wages came to $86k. At year end it held assets of $2.0m against liabilities of $5,804, net assets of $2.0m. It reported 16 employees.