Plumbers & Pipefitters Locals 352 & 572 Joint Apprenticeship Committee

Analysis

Plumbers & Pipefitters Locals 352 & 572 Joint Apprenticeship Committee is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2000, 26 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 June 2023, Plumbers & Pipefitters Locals 352 & 572 Joint Apprenticeship Committee reported income of $2.2m and spending of $2.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $988k to $2.2m (+122%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plumbers & Pipefitters Locals 352 & 572 Joint Apprenticeship Committee sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Sparkler Learning Inc ($2.2m), Northwest Iowa Christian School ($2.2m) and Liberation Academy ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $123k (6.0% of expenses). Other salaries and wages came to $624k. At year end it held assets of $2.0m against liabilities of $102k, net assets of $1.9m. It reported 36 employees.