Heating Piping & Refrigeration Training Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Heating Piping & Refrigeration Training Fund is a 501(c)(3) organization based in Landover, Maryland, registered in 1963, with $17,225,395 in FY2024 revenue. CharityIndex grades it C+.
8509 Ardwick Ardmore Rd, Landover, MD, 20785 EIN 53-0238872 Since 1963
Revenue (FY2024)
$17.2M
▲ 29.5% vs prior year
Expenses (FY2024)
$10.8M
Net assets
$47.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Heating Piping & Refrigeration Training Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating53 mo reserves · +38% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Heating Piping & Refrigeration Training Fund: 53 mo reserves · +38% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Heating Piping & Refrigeration Training Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Heating Piping & Refrigeration Training Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $8.2M (FY2017) to $17.2M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.4MNet assets $47.8M
Operating margin
37.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$51.2M
Total liabilities
$3.4M
Net assets
$47.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $17,225,395▲29.5% | $10,764,118▲9.3% | $47,750,414▲3.8% | $51,154,431▲6.0% | 990 |
| 2023 | $13,299,126▲13.7% | $9,852,227▲17.1% | $46,003,015▲14.6% | $48,238,133▲17.3% | 990 |
| 2022 | $11,693,815▼3.5% | $8,415,706▼1.6% | $40,136,829▼6.2% | $41,117,545▼4.9% | 990 |
| 2021 | $12,123,226▲6.6% | $8,549,130▲19.0% | $42,787,550▲7.0% | $43,256,129▲7.8% | 990 |
| 2020 | $11,368,274▲6.3% | $7,184,939▲4.2% | $39,975,037▲17.0% | $40,125,047▲14.7% | 990 |
| 2019 | $10,691,645▲6.5% | $6,894,423▲34.8% | $34,171,571▲16.4% | $34,978,683▲5.4% | 990 |
| 2018 | $10,036,252▲21.7% | $5,116,416▲3.1% | $29,346,476▲19.7% | $33,197,553▲27.9% | 990 |
| 2017 | $8,245,228 | $4,962,045 | $24,525,352 | $25,959,930 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Heating Piping & Refrigeration Training Fund a legitimate nonprofit?
- Yes. Heating Piping & Refrigeration Training Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 53-0238872, based in Landover, Maryland. Donations are tax-deductible.
- What is Heating Piping & Refrigeration Training Fund's EIN?
- Heating Piping & Refrigeration Training Fund's Employer Identification Number (EIN) is 53-0238872.
- How much revenue does Heating Piping & Refrigeration Training Fund report?
- Heating Piping & Refrigeration Training Fund reported $17,225,395 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Heating Piping & Refrigeration Training Fund have?
- CharityIndex grades Heating Piping & Refrigeration Training Fund C+, based on financial health (reserves and operating margin).
More nonprofits in Landover
Explore more
Data for Heating Piping & Refrigeration Training Fund (EIN 53-0238872) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.