Training Solutions for Construction & Industry

Analysis

Training Solutions for Construction & Industry is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in October 2001, 25 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 December 2023, Training Solutions for Construction & Industry reported income of $720k and spending of $596k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $455k to $720k (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Training Solutions for Construction & Industry sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within AL. Charities of a similar size with the same main cause include Oakwell Academy ($720k), Paulding Exempted Character Academy Inc ($721k) and Friends and Foundation of the Princeton Public Library Inc ($720k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $99k (17% of expenses). Other salaries and wages came to $154k. At year end it held assets of $467k against liabilities of $145k, net assets of $322k. It reported 6 employees.