Wagler Training Center

Analysis

Wagler Training Center is a registered charity in United States, based in Lyons, IN. It received its IRS tax-exemption ruling in September 2021, 5 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 December 2023, Wagler Training Center reported income of $1.4m and spending of $1.3m, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $293k to $1.4m (+380%), an average of +119% a year. The sharpest change came in the year to December 2022, when income rose by 229%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wagler Training Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Pittsburgh Chapter National Tooling and Machining Foundation Inc ($1.4m), 916 Ink ($1.4m) and Autism Support and Programs Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $28k (2.1% of expenses). Other salaries and wages came to $379k. At year end it held assets of $179k against liabilities of $25k, net assets of $154k. It reported 16 employees.