Miami Ironworkers Local 272 Apprenticeship Training Program Fu

Analysis

Miami Ironworkers Local 272 Apprenticeship Training Program Fu is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in January 1970, 56 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 June 2023, Miami Ironworkers Local 272 Apprenticeship Training Program Fu reported income of $461k and spending of $551k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $414k to $461k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Miami Ironworkers Local 272 Apprenticeship Training Program Fu sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Sports Event Development Fund ($460k), Kentucky Science Teachers Association ($461k) and Pennsylvania State Association of County Fairs ($460k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $227k. At year end it held assets of $532k against liabilities of $5,350, net assets of $527k.