Lone Star Construction Trades Training

Analysis

Lone Star Construction Trades Training is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lone Star Construction Trades Training reported income of $290k and spending of $257k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $201k to $290k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lone Star Construction Trades Training sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Woods Promise Inc ($290k), Thunderbird Community Sports Foundation ($290k) and Childrens Learning Path Montessori School Inc ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $86k (34% of expenses). Other salaries and wages came to $63k. At year end it held assets of $86k against liabilities of $3,351, net assets of $82k. It reported 2 employees.