Waco Plumbers & Pipefitters Apprenticeship School

Analysis

Waco Plumbers & Pipefitters Apprenticeship School is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in January 2004, 22 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, Waco Plumbers & Pipefitters Apprenticeship School reported income of $793k and spending of $827k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $696k to $793k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waco Plumbers & Pipefitters Apprenticeship School sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Athena Inc ($793k), Handprints Early Education Centers Inc ($793k) and New York Library Association ($793k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $108k (13% of expenses). Other salaries and wages came to $299k. At year end it held assets of $922k against liabilities of $4,176, net assets of $918k. It reported 13 employees.