Agc International Union of Oprtng Engnrs 701 TRNG Trust Fund

Analysis

Agc International Union of Oprtng Engnrs 701 TRNG Trust Fund is a registered charity in United States, based in Gladstone, OR. It received its IRS tax-exemption ruling in October 1975, 51 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Agc International Union of Oprtng Engnrs 701 TRNG Trust Fund reported income of $2.6m and spending of $2.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.6m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Agc International Union of Oprtng Engnrs 701 TRNG Trust Fund sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within OR. Charities of a similar size with the same main cause include Communities United ($2.6m), Duncan Area Economic Development Foundation ($2.6m) and Artisans Ark ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $731k. At year end it held assets of $9.8m against liabilities of $806k, net assets of $9.0m. It reported 13 employees.