International Association of Heat & Frost Insulators and Allied Worker

Analysis

International Association of Heat & Frost Insulators and Allied Worker is a registered charity in United States, based in Kenner, LA. It received its IRS tax-exemption ruling in February 1976, 50 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 December 2023, International Association of Heat & Frost Insulators and Allied Worker reported income of $193k and spending of $240k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $193k (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International Association of Heat & Frost Insulators and Allied Worker sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Beltzhoover Apartments Inc ($193k), Work2future Foundation ($193k) and Cornerstone Center for Economic Opportunity ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $72k (30% of expenses). At year end it held assets of $272k against liabilities of $900, net assets of $271k. It reported 6 employees.