Montgomery County Students Construction Trades Foundation Inc

Analysis

Montgomery County Students Construction Trades Foundation Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in October 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Montgomery County Students Construction Trades Foundation Inc reported income of $89k and spending of $63k, leaving 29% of income unspent that year. Across the 4 years on record, from August 2019 to August 2023, income grew from $34k to $89k (+161%), an average of +38% a year. The sharpest change came in the year to August 2023, when income rose by 2592%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montgomery County Students Construction Trades Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within MD. Charities of a similar size with the same main cause include Science Fiction & Fantasy Convention of Chattanooga Ltd ($89k), Iowa County Cancer Coalition Inc ($89k) and PTA California Congress of Parents Teachers & Students Inc ($89k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $656k against liabilities of $0, net assets of $656k.