Plumbers and Pipefitters Apprenticeship Education and Train

Analysis

Plumbers and Pipefitters Apprenticeship Education and Train is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in August 1981, 45 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Plumbers and Pipefitters Apprenticeship Education and Train reported income of $292k and spending of $322k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $472k to $292k (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Plumbers and Pipefitters Apprenticeship Education and Train sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WY. Charities of a similar size with the same main cause include SGR Foundation ($292k), Onemine Inc ($292k) and Montague Street District Management Association Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $104k (32% of expenses). Other salaries and wages came to $12k. At year end it held assets of $378k against liabilities of $6,055, net assets of $371k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.