Plumbers & Pipefitters 344 Joint Apprentice & Training Committee

Analysis

Plumbers & Pipefitters 344 Joint Apprentice & Training Committee is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 1975, 51 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, Plumbers & Pipefitters 344 Joint Apprentice & Training Committee reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Plumbers & Pipefitters 344 Joint Apprentice & Training Committee sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Western Catskills Community Revitalization Council Inc ($1.5m), Bricker-Price Block Restoration Corporation ($1.5m) and Brockway Center for Arts and Technology ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $188k (14% of expenses). Other salaries and wages came to $449k. At year end it held assets of $2.4m against liabilities of $2,176, net assets of $2.4m. It reported 26 employees.