Pacific Northwest Ironworkers & Employers Apprenticeship

Analysis

Pacific Northwest Ironworkers & Employers Apprenticeship is a registered charity in United States, based in Mercer Island, WA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pacific Northwest Ironworkers & Employers Apprenticeship reported income of $6.8m and spending of $7.0m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $6.8m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 39%. 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, Pacific Northwest Ironworkers & Employers Apprenticeship sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Washington State Charter Schools Association ($6.8m), QM Quality Matters ($6.8m) and Parents and Friends of Hancock Inc ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 69% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $10.2m against liabilities of $1.4m, net assets of $8.9m. It reported 60 employees.