Plumbers and Steamfitters Local Union No 486 Joint Journeymen and

Analysis

Plumbers and Steamfitters Local Union No 486 Joint Journeymen and is a registered charity in United States, based in Rosedale, MD. It received its IRS tax-exemption ruling in September 1977, 49 years ago. 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 December 2023, Plumbers and Steamfitters Local Union No 486 Joint Journeymen and reported income of $4.7m and spending of $2.7m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $4.7m (+89%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plumbers and Steamfitters Local Union No 486 Joint Journeymen and sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Carroll County Ymca-Camp Huckins ($4.7m), Young Mens Christian Association Columbus ($4.7m) and Community Christian Academy Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 93% of the total. Other salaries and wages came to $753k. At year end it held assets of $10.7m against liabilities of $191k, net assets of $10.5m. It reported 8 employees.