Plumbers & Steamfitters Local 184 Education & Training Fund

Analysis

Plumbers & Steamfitters Local 184 Education & Training Fund is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2024, Plumbers & Steamfitters Local 184 Education & Training Fund reported income of $1.6m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $1.0m to $1.6m (+49%), an average of +10% a year. The sharpest change came in the year to April 2023, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plumbers & Steamfitters Local 184 Education & Training Fund sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Kai Loa Inc ($1.6m), Montgomery County Community College Foundation ($1.6m) and Montessori Country Schools ($1.6m).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $426k. At year end it held assets of $2.5m against liabilities of $96k, net assets of $2.4m. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.