Plumbers & Pipefitters Local 162 Apprenticeship Tr is a 501(c)(3) organization based in Dayton, Ohio, registered in 1972, with $1,402,569 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.4M
▲ 75.1% vs prior year
Expenses (FY2024)
$841K
Net assets
$1.7M
Employees
—
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 →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 Plumbers & Pipefitters Local 162 Apprenticeship Tr— 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 Plumbers & Pipefitters Local 162 Apprenticeship Tr: 25 mo reserves · +40% margin earns a A 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 Plumbers & Pipefitters Local 162 Apprenticeship Tr— 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 Plumbers & Pipefitters Local 162 Apprenticeship Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $548K (FY2017) to $1.4M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
40.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$12K
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,402,569▲75.1% | $841,076▲21.6% | $1,726,437▲53.0% | $1,738,782▲53.7% | 990 |
| 2023 | $801,185▲37.3% | $691,917▲7.3% | $1,128,160▲17.4% | $1,131,234▲17.3% | 990 |
| 2022 | $583,402▼0.3% | $644,756▲17.1% | $961,068▼0.9% | $964,713▼1.6% | 990 |
| 2021 | $584,958▼6.5% | $550,390▲7.9% | $969,434▼9.7% | $979,910▼9.6% | 990 |
| 2020 | $625,640▼7.7% | $510,163▼4.2% | $1,073,266▲30.3% | $1,083,409▲30.0% | 990 |
| 2019 | $677,594▼5.7% | $532,577▲0.5% | $823,627▲19.0% | $833,426▲18.6% | 990 |
| 2018 | $718,347▲31.2% | $529,857▲2.5% | $692,234▲37.4% | $702,645▲37.9% | 990 |
| 2017 | $547,534 | $517,000 | $503,744 | $509,655 | 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 Plumbers & Pipefitters Local 162 Apprenticeship Tr (EIN 23-7167938) 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.