International Union of Operating Engineers

Analysis

International Union of Operating Engineers is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in February 1995, 31 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 January 2022, International Union of Operating Engineers reported income of $377k and spending of $478k, spending 127% of what it took in. Across the 3 years on record, from January 2020 to January 2022, income fell from $580k to $377k (-35%), an average of -19% a year. The sharpest change came in the year to January 2021, when income dropped by 36%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Union of Operating Engineers sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Central Valley Scholars ($377k), Foundation for East Baton Rouge School System ($377k) and Labette Community College Foundation ($377k).

On its Form 990 for the period ending January 2022, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $150k (31% of expenses). At year end it held assets of $947k against liabilities of $7,571, net assets of $939k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.