Local 107 Development and Training Fund

Analysis

Local 107 Development and Training Fund is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Local 107 Development and Training Fund reported income of $420k and spending of $641k, spending 153% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $329k to $420k (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Local 107 Development and Training Fund sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Childrens Genesis ($420k), Parent Booster USA Inc ($420k) and Waterfall Unity Alliance Inc ($420k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $218k (34% of expenses). At year end it held assets of $999k against liabilities of $1,260, net assets of $997k. It reported 1 employees.