Construction Industry Training Council of Washington

Analysis

Construction Industry Training Council of Washington is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Construction Industry Training Council of Washington reported income of $11.0m and spending of $10.7m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.5m to $11.0m (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Construction Industry Training Council of Washington sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Jobtrain Inc ($11.0m), Missouri Valley Line Constructors Apprenticeship Training ($11.0m) and Wayne County Development Allianceinc ($11.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $523k (4.9% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $17.3m against liabilities of $5.8m, net assets of $11.5m. It reported 136 employees.