Southern Nevada Teamsters Local 631 Construction Industry Training TR

Analysis

Southern Nevada Teamsters Local 631 Construction Industry Training TR is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in October 2000, 26 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 April 2023, Southern Nevada Teamsters Local 631 Construction Industry Training TR reported income of $870k and spending of $598k, leaving 31% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $796k to $870k (+9.3%), an average of +2.3% a year. The sharpest change came in the year to April 2022, when income rose by 17%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern Nevada Teamsters Local 631 Construction Industry Training TR sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within NV. Charities of a similar size with the same main cause include Greater Rochester Summer Learning Association Inc ($870k), Linfield Foundation Inc ($871k) and Friends of Rachashei Lev-Whispers of the Heart ($870k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 9.2% and program service revenue 76% of the total. Other salaries and wages came to $175k. At year end it held assets of $3.1m against liabilities of $419k, net assets of $2.7m. It reported 7 employees.