Equipment & Engine Training Council Inc

Analysis

Equipment & Engine Training Council Inc is a registered charity in United States, based in Kings MTN, NC. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Equipment & Engine Training Council Inc reported income of $1.1m and spending of $987k, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $612k to $1.1m (+84%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Equipment & Engine Training Council Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include New Community Project ($1.1m), Opportunities Industrialization of Wilson Incorporated ($1.1m) and Pleasantview ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $79k (8.0% of expenses). Other salaries and wages came to $73k. At year end it held assets of $509k against liabilities of $2,678, net assets of $507k. It reported 4 employees.