Adsc Operating Engineers Training and Education Trust Fund

Analysis

Adsc Operating Engineers Training and Education Trust Fund is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in May 2023, 3 years ago. 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 December 2023, Adsc Operating Engineers Training and Education Trust Fund reported income of $162k and spending of $52k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $158k to $162k (+2.3%), an average of +2.3% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adsc Operating Engineers Training and Education Trust Fund sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Puyallup Historical Society at Meeker Mansion ($162k), Community Center of South Decatur Inc ($162k) and Bryan Symphony Orchestra ($162k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $1.0m against liabilities of $849, net assets of $1.0m.