Teamsters National Pipe Line Training Fund

Analysis

Teamsters National Pipe Line Training Fund is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Teamsters National Pipe Line Training Fund reported income of $796k and spending of $832k, spending 105% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $2.2m to $796k (-65%), an average of -23% a year. The sharpest change came in the year to April 2020, when income dropped by 54%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Teamsters National Pipe Line Training Fund sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Transylvania Partnership Inc ($795k), Homes on the Hill Community Development Corporation ($796k) and Chamber of Commerce Foundation Inc ($795k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 35% of the total. Other salaries and wages came to $290k. At year end it held assets of $9.8m against liabilities of $33k, net assets of $9.8m. It reported 10 employees.