Operating Engineer and Northern Ca Affirmative Action Training Fund

Analysis

Operating Engineer and Northern Ca Affirmative Action Training Fund is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in September 1978, 48 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Operating Engineer and Northern Ca Affirmative Action Training Fund reported income of $3.5m and spending of $2.3m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.5m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Operating Engineer and Northern Ca Affirmative Action Training Fund sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Industrial Aid Inc ($3.5m), The Downtown St Louis Community Improvement District Inc ($3.5m) and Chickasha Opportunity Center Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $8.2m against liabilities of $278k, net assets of $7.9m. It reported 23 employees.