Finishing Trades Institute District Council 10

Analysis

Finishing Trades Institute District Council 10 is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 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, Finishing Trades Institute District Council 10 reported income of $902k and spending of $916k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $902k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Finishing Trades Institute District Council 10 sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Global Education Ministries ($902k), Piedmont Technical College Foundation Inc ($902k) and Friendswood Isd Education Foundation Inc ($902k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $247k. At year end it held assets of $3.2m against liabilities of $916k, net assets of $2.3m. It reported 14 employees.