International Union of Operating Engineers 147 Apprenticeships Fund

Analysis

International Union of Operating Engineers 147 Apprenticeships Fund is a registered charity in United States, based in Disputanta, VA. It received its IRS tax-exemption ruling in June 1967, 59 years ago. 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 June 2024, International Union of Operating Engineers 147 Apprenticeships Fund reported income of $3.0m and spending of $1.1m, leaving 65% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $618k to $3.0m (+390%), an average of +49% a year. The sharpest change came in the year to June 2024, when income rose by 172%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Union of Operating Engineers 147 Apprenticeships Fund 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 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Pet Pal Rescue Inc ($3.0m), Palestine Gardens Inc ($3.0m) and Vigorous Interventions in Ongoing Natural Settings Inc ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 67% of the total. Other salaries and wages came to $257k. At year end it held assets of $3.7m against liabilities of $12k, net assets of $3.7m. It reported 3 employees.