Construction Trades Workforce Initiative

Analysis

Construction Trades Workforce Initiative is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in April 2019, 7 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 June 2023, Construction Trades Workforce Initiative reported income of $1.5m and spending of $1.4m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $560k to $1.5m (+168%), an average of +39% a year. The sharpest change came in the year to June 2022, when income rose by 151%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Construction Trades Workforce Initiative 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 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Amherst Montessori School Inc ($1.5m), Red Wind Consulting Inc ($1.5m) and Learn4life - South Carolina ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 87% of the total. Other salaries and wages came to $853k. At year end it held assets of $1.1m against liabilities of $302k, net assets of $819k.