Plumbers & Pipefitters Local 562 is a 501(c)(5) organization based in Earth City, Missouri, registered in 1944, with $20,046,680 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$20.0M
▲ 0.7% vs prior year
Expenses (FY2024)
$14.5M
Net assets
$61.8M
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 562— 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 562: 51 mo reserves · +28% 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 562— 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 562: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $7.9M (FY2013) to $20.0M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
27.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$61.8M
Total liabilities
$45K
Net assets
$61.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,046,680▲0.7% | $14,498,790▲13.9% | $61,779,535▲10.0% | $61,824,037▲9.9% | 990 |
| 2023 | $19,899,894▲168% | $12,724,159▼1.0% | $56,183,052▲14.6% | $56,253,990▲14.7% | 990 |
| 2022 | $7,422,429▼55.4% | $12,847,563▲8.7% | $49,007,317▼10.0% | $49,033,416▼10.0% | 990 |
| 2021 | $16,649,601▲44.9% | $11,813,977▼7.6% | $54,432,450▲9.7% | $54,466,118▲9.0% | 990 |
| 2020 | $11,493,337▲2.6% | $12,790,921▲51.5% | $49,596,826▲4.6% | $49,957,687▲4.3% | 990 |
| 2019 | $11,203,651▲15.1% | $8,444,535▼1.8% | $47,419,476▲15.9% | $47,875,643▲15.9% | 990 |
| 2018 | $9,732,914▲1.7% | $8,595,076▲6.2% | $40,912,120▲10.6% | $41,312,837▲10.6% | 990 |
| 2017 | $9,565,822▲4.6% | $8,095,299▼6.5% | $37,005,042▲4.0% | $37,345,879▲4.1% | 990 |
| 2016 | $9,141,800▲6.0% | $8,655,440▲8.6% | $35,592,927▲1.5% | $35,876,669▲1.4% | 990 |
| 2015 | $8,620,382▼4.2% | $7,971,852▼0.8% | $35,075,829▲2.0% | $35,377,059▲1.9% | 990 |
| 2014 | $9,000,357▲14.5% | $8,033,039▼2.2% | $34,388,584▲2.5% | $34,728,291▲2.8% | 990 |
| 2013 | $7,859,260 | $8,214,399▼9.1% | $33,557,751▼1.0% | $33,777,296▼1.1% | 990 |
| 2012 | — | $9,038,745▼9.5% | $33,906,716▼5.5% | $34,135,791▼5.5% | 990 |
| 2011 | — | $9,985,852▲9.7% | $35,890,817▼7.0% | $36,112,612▼7.0% | 990 |
| 2010 | — | $9,100,248 | $38,603,785 | $38,825,114 | 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 562 (EIN 43-0560620) 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.