Texas Iron Workers Training TR

Analysis

Texas Iron Workers Training TR is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in August 2017, 9 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 June 2023, Texas Iron Workers Training TR reported income of $1.6m and spending of $1.7m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.6m (-6.3%), an average of -1.6% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Iron Workers Training TR sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Para Los Ninos de Highline ($1.6m), Montessori School of Syracuse ($1.6m) and New America College ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 87% of the total. Other salaries and wages came to $664k. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m. It reported 46 employees.