Sheet Metal Occupational Health Institute Trust

Analysis

Sheet Metal Occupational Health Institute Trust is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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, Sheet Metal Occupational Health Institute Trust reported income of $3.2m and spending of $2.8m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.2m (+3.8%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheet Metal Occupational Health Institute Trust sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Elmbrook United Inc ($3.2m), Marian Park Inc ($3.2m) and House of Seven Gables Settlement Association ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 76% of the total. Compensation of current officers, directors and key employees was $324k (11% of expenses). Other salaries and wages came to $390k. At year end it held assets of $18.1m against liabilities of $142k, net assets of $18.0m. It reported 5 employees.