Las Vegas Plumbers and Pipefitters Local Union 525 Apprentice and Tra

Analysis

Las Vegas Plumbers and Pipefitters Local Union 525 Apprentice and Tra is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in February 2010, 16 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 October 2023, Las Vegas Plumbers and Pipefitters Local Union 525 Apprentice and Tra reported income of $6.2m and spending of $4.5m, leaving 27% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $3.5m to $6.2m (+77%), an average of +15% a year. The sharpest change came in the year to October 2023, when income rose by 44%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Las Vegas Plumbers and Pipefitters Local Union 525 Apprentice and Tra sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NV. Charities of a similar size with the same main cause include Front Range Christian Ministries ($6.2m), Crosslake Community School Inc ($6.2m) and Jobs for Kentuckys Graduates Inc ($6.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 2.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $644k (14% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $13.6m against liabilities of $0, net assets of $13.6m. It reported 63 employees.