Plumbing-Heating-Cooling Contrctrs Natl Assoc Educational Foundation

Analysis

Plumbing-Heating-Cooling Contrctrs Natl Assoc Educational Foundation is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Plumbing-Heating-Cooling Contrctrs Natl Assoc Educational Foundation reported income of $2.4m and spending of $1.7m, leaving 29% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $2.1m to $2.4m (+14%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Plumbing-Heating-Cooling Contrctrs Natl Assoc Educational Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Lifelab Kids Foundation ($2.4m), Pillars Fund ($2.4m) and Aggarwal & Gupta Family Foundation Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 62% of the total. Other salaries and wages came to $464k. At year end it held assets of $18.1m against liabilities of $165k, net assets of $17.9m.