Plumbers and Pipefitters Local Union 404 Jatc

Analysis

Plumbers and Pipefitters Local Union 404 Jatc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in March 2018, 8 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 August 2023, Plumbers and Pipefitters Local Union 404 Jatc reported income of $593k and spending of $523k, spending 88% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $454k to $593k (+31%), an average of +9.3% a year. The sharpest change came in the year to August 2023, when income rose by 34%. 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, Plumbers and Pipefitters Local Union 404 Jatc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Stanley-University of Iowa Foundation Support Org Alumni Cent ($593k), Skyview Learning Academy ($593k) and Endeavor 21 Plus Foundation Inc ($593k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $121k. At year end it held assets of $350k against liabilities of $39k, net assets of $311k. It reported 18 employees.