Pipe Trades Trust Fund-447 is a 501(c)(9) organization based in Sacramento, California, registered in 1955, with $30,325,576 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$30.3M
▲ 18.4% vs prior year
Expenses (FY2024)
$33.9M
Net assets
$11.9M
Employees
—
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 Pipe Trades Trust Fund-447— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Pipe Trades Trust Fund-447: 4 mo reserves · -12% margin earns a C+ on this criterion. See the exact thresholds →
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 Pipe Trades Trust Fund-447— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Pipe Trades Trust Fund-447: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $13.8M (FY2013) to $30.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-11.8%
Spent more than it raised in the latest fiscal year.
Total assets
$28.4M
Total liabilities
$16.5M
Net assets
$11.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $30,325,576▲18.4% | $33,914,435▲21.4% | $11,865,932▼19.8% | $28,407,793▲0.7% | 990 |
| 2023 | $25,618,060▲5.3% | $27,942,573▲9.0% | $14,801,533▼6.4% | $28,206,419▲0.5% | 990 |
| 2022 | $24,335,357▼1.0% | $25,637,593▲8.6% | $15,805,516▼3.1% | $28,067,285▲1.4% | 990 |
| 2021 | $24,573,252▲12.9% | $23,608,309▼0.3% | $16,319,154▼10.8% | $27,674,576▼6.8% | 990 |
| 2020 | $21,768,768▼9.2% | $23,687,532▲9.1% | $18,292,153▼0.7% | $29,678,818▲6.9% | 990 |
| 2019 | $23,971,247▲14.2% | $21,709,232▲15.6% | $18,423,277▲15.9% | $27,757,781▲13.0% | 990 |
| 2018 | $20,990,676▲5.4% | $18,783,579▲3.8% | $15,901,683▲18.7% | $24,560,480▲16.1% | 990 |
| 2017 | $19,916,953▲20.1% | $18,091,499▲29.5% | $13,393,556▲15.6% | $21,153,215▲16.0% | 990 |
| 2016 | $16,588,060▲6.1% | $13,966,241▲2.0% | $11,582,959▲33.3% | $18,240,644▲18.7% | 990 |
| 2015 | $15,636,881▲15.1% | $13,698,072▲16.3% | $8,688,670▲34.9% | $15,373,337▲29.8% | 990 |
| 2014 | $13,587,107▼1.5% | $11,775,355▼2.1% | $6,441,039▲31.0% | $11,845,450▲13.8% | 990 |
| 2013 | $13,787,195 | $12,021,837▼0.8% | $4,917,181▲58.2% | $10,412,858▲25.2% | 990 |
| 2012 | — | $12,123,244▲2.1% | $3,108,574▲395% | $8,319,725▲43.7% | 990 |
| 2011 | — | $11,874,883▲4.3% | $627,803▲176% | $5,791,353▲33.9% | 990 |
| 2010 | — | $11,390,127▼22.1% | -$829,846▲17.9% | $4,324,675▼26.7% | 990 |
| 2009 | — | $14,617,668 | -$1,010,288 | $5,903,301 | 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.
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Data for Pipe Trades Trust Fund-447 (EIN 94-1268305) 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.