Carpenters International Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,781,972 | 18,554,710 | 9,227,262 | 46.9 | 6% |
| 2012 | 35,776,061 | 19,831,554 | 15,944,507 | 55.2 | 5% |
| 2013 | 34,779,821 | 28,693,720 | 6,086,101 | 42.5 | 4% |
| 2014 | 41,219,972 | 38,749,109 | 2,470,863 | 32.9 | 4% |
| 2015 | 34,742,542 | 45,132,591 | −10,390,049 | 24.4 | 4% |
| 2016 | 40,241,920 | 48,130,540 | −7,888,620 | 21.9 | 4% |
| 2017 | 44,957,247 | 49,205,858 | −4,248,611 | 20.5 | 5% |
| 2018 | 42,954,100 | 54,165,082 | −11,210,982 | 15.3 | 4% |
| 2019 | 45,493,225 | 52,986,423 | −7,493,198 | 15.6 | 5% |
| 2020 | 47,979,165 | 27,391,070 | 20,588,095 | 42.1 | 10% |
| 2021 | 64,985,553 | 25,278,197 | 39,707,356 | 58.8 | 11% |
| 2022 | 50,975,321 | 43,558,657 | 7,416,664 | 31.8 | 7% |
| 2023 | 60,025,418 | 45,521,693 | 14,503,725 | 36.6 | 7% |
In its most recent public year (2023), this organization brought in $14,503,725 more than it spent. Its reserves stood at about 36.6 months of spending, down from 46.9 in 2011. Staff pay was 7% 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 2023. 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
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