Iron Workers Local No 167-Training Program

Analysis

Iron Workers Local No 167-Training Program is a registered charity in United States, based in Goodlettsvlle, TN. It received its IRS tax-exemption ruling in December 1969, 57 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 July 2023, Iron Workers Local No 167-Training Program reported income of $899k and spending of $425k, leaving 53% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $287k to $899k (+214%), an average of +33% a year. The sharpest change came in the year to July 2023, when income rose by 335%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iron Workers Local No 167-Training Program sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Assistance League of Atlanta Georgia ($899k), Oak Creek Community Center Inc ($899k) and Jewish Community Council of Canarsie Inc ($898k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $115k. At year end it held assets of $927k against liabilities of $36k, net assets of $891k. It reported 10 employees.