Plumbers and Pipefitters of Dallas Apprenticeship Training Fund

Analysis

Plumbers and Pipefitters of Dallas Apprenticeship Training Fund is a registered charity in United States, based in Mesquite, TX. It received its IRS tax-exemption ruling in February 2020, 6 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 June 2024, Plumbers and Pipefitters of Dallas Apprenticeship Training Fund reported income of $2.8m and spending of $2.2m, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $2.8m (+90%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 71% 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 of Dallas Apprenticeship Training Fund sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Peace Valley Charter School Inc ($2.8m), Wbec Metro Ny and Greater DMV Inc ($2.8m) and E-Stem Public Charter Schools Inc ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $257k (11% of expenses). Other salaries and wages came to $191k. At year end it held assets of $10.4m against liabilities of $4.8m, net assets of $5.7m. It reported 30 employees.