Psa PHCC Plumbing Apprenticeship School

Analysis

Psa PHCC Plumbing Apprenticeship School is a registered charity in United States, based in Berwyn, PA. 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 December 2023, Psa PHCC Plumbing Apprenticeship School reported income of $1.7m and spending of $723k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $539k to $1.7m (+221%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Psa PHCC Plumbing Apprenticeship School sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Heartland Foundation ($1.7m), Hull Christian School ($1.7m) and Donum Dei Classical Academy ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $103k (14% of expenses). Other salaries and wages came to $71k. At year end it held assets of $1.9m against liabilities of -$4,940, net assets of $1.9m. It reported 16 employees.