Piping Industry Training Center Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,109,963 | 1,615,294 | 494,669 | 35.7 | 28% |
| 2013 | 2,237,130 | 1,425,302 | 811,828 | 48.1 | 33% |
| 2014 | 1,281,773 | 1,320,567 | −38,794 | 52.2 | 35% |
| 2015 | 1,118,037 | 1,356,819 | −238,782 | 48.0 | 34% |
| 2016 | 1,425,536 | 1,245,399 | 180,137 | 53.6 | 38% |
| 2017 | 1,457,191 | 1,390,689 | 66,502 | 49.4 | 40% |
| 2018 | 1,452,569 | 1,278,798 | 173,771 | 54.5 | 40% |
| 2019 | 1,308,475 | 1,397,432 | −88,957 | 49.0 | 39% |
| 2020 | 2,031,121 | 1,423,151 | 607,970 | 53.6 | 36% |
| 2021 | 1,134,448 | 1,619,814 | −485,366 | 45.6 | 39% |
| 2022 | 1,394,989 | 1,603,111 | −208,122 | 42.7 | 38% |
| 2023 | 1,504,233 | 1,755,271 | −251,038 | 37.8 | 39% |
| 2024 | 3,272,281 | 1,679,794 | 1,592,487 | 51.8 | 35% |
In its most recent public year (2024), this organization brought in $1,592,487 more than it spent. Its reserves stood at about 51.8 months of spending, up from 35.7 in 2012. Staff pay was 35% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Piping Industry Training Center Trust Fund's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works