Sheet Metal Workers Local 73 Charitable Foundation

Analysis

Sheet Metal Workers Local 73 Charitable Foundation is a registered charity in United States, based in Hillside, IL. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sheet Metal Workers Local 73 Charitable Foundation reported income of $63k and spending of $61k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $63k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sheet Metal Workers Local 73 Charitable Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Fdny Firefighter John F McNamara Foundation Inc ($63k), Broadwater County Social Services Committee ($63k) and Agricultural Safety and Health Council of America ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.