International Pipe Trades Joint Training Committee Inc

Analysis

International Pipe Trades Joint Training Committee Inc is a registered charity in United States, based in Uppr Marlboro, MD. It received its IRS tax-exemption ruling in February 1950, 76 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, International Pipe Trades Joint Training Committee Inc reported income of $3.5m and spending of $2.3m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.5m (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 19%. 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, International Pipe Trades Joint Training Committee Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Management Training & Consulting Corporation ($3.5m), Advancement Through Opportunity and Knowledge Incorporated ($3.5m) and Sheet Metal Workers Local 88 Joint Apprenticeship & Training Fund ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 1.0% of the total. Other salaries and wages came to $388k. At year end it held assets of $22.8m against liabilities of $599k, net assets of $22.2m. It reported 5 employees.