Iatse Local 22 Training Fund

Analysis

Iatse Local 22 Training Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2001, 25 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 December 2023, Iatse Local 22 Training Fund reported income of $254k and spending of $201k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $234k to $254k (+8.4%), an average of +8.4% a year. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Iatse Local 22 Training Fund sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 33rd percentile within DC. Charities of a similar size with the same main cause include Aspen Sister Cities Program Inc ($254k), Crca Foundation ($254k) and Arc on 4th Street Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 95% of the total. Other salaries and wages came to $89k. At year end it held assets of $466k against liabilities of $4,396, net assets of $462k. It reported 27 employees.