Sheet Metal Workers International Scholarship Foundation Inc is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1986, with $990,654 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$991K
▲ 52.9% vs prior year
Education median: $200K
Expenses (FY2023)
$204K
Net assets
$12.8M
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 Sheet Metal Workers International Scholarship Foundation Inc— 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 Sheet Metal Workers International Scholarship Foundation Inc: 754 mo reserves · +79% margin earns a B+ 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 Sheet Metal Workers International Scholarship Foundation Inc— 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 Sheet Metal Workers International Scholarship Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $652K (FY2013) to $991K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
79.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.3M
Total liabilities
$421K
Net assets
$12.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $990,654▲52.9% | $204,173▼25.0% | $12,834,015▲7.7% | $13,255,264▲6.5% | 990 |
| 2022 | $648,042▲47.3% | $272,221▼10.9% | $11,921,261▲4.8% | $12,443,413▲4.9% | 990 |
| 2021 | $440,010▼58.9% | $305,648▲33.2% | $11,375,417▼10.9% | $11,861,336▼9.7% | 990 |
| 2020 | $1,071,287▲9.0% | $229,476▼60.0% | $12,769,644▲13.9% | $13,129,226▲12.8% | 990 |
| 2019 | $982,598▲16.8% | $574,303▲132% | $11,208,272▲2.4% | $11,644,266▲3.0% | 990 |
| 2018 | $841,168▲66.5% | $247,807▼3.5% | $10,942,303▲6.7% | $11,301,653▲6.4% | 990 |
| 2017 | $505,338▼52.5% | $256,768▲4.3% | $10,253,705▲3.8% | $10,623,177▲3.7% | 990 |
| 2016 | $1,063,177▲64.9% | $246,114▲20.0% | $9,877,291▲8.3% | $10,239,712▲9.8% | 990 |
| 2015 | $644,602▼32.3% | $205,162▲11.5% | $9,122,828▲4.5% | $9,329,601▲4.6% | 990 |
| 2014 | $952,513▲46.2% | $183,998▲49.6% | $8,726,360▲2.1% | $8,916,189▲2.7% | 990 |
| 2013 | $651,515 | $122,970▼60.8% | $8,544,609▲12.4% | $8,684,343▲12.3% | 990 |
| 2012 | — | $313,855▲155% | $7,600,302▲11.4% | $7,733,151▲10.8% | 990 |
| 2011 | — | $123,153▼10.3% | $6,825,312▲5.6% | $6,976,694▲5.6% | 990 |
| 2010 | — | $137,249▼0.2% | $6,464,540▲12.7% | $6,607,583▲12.1% | 990 |
| 2009 | — | $137,478 | $5,738,466 | $5,893,376 | 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.
9 grants to Sheet Metal Workers International Scholarship Foundation Inc totaling $88K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| International Association Pension Plan | Program support | 2023 | $6,000 |
| International Association Pension Plan | Program support | 2022 | $12,000 |
| United Association of Journeymen & Apprentices of the Plumbing & Pipe | General contribution | 2022 | $8,000 |
| Silicon Valley Community Foundation | Education | 2019 | $25,000 |
| International Association Pension Plan | Scholarships | 2019 | $6,000 |
| International Association Pension Plan | Program support | 2018 | $6,000 |
| International Association Pension Plan | Program support | 2016 | $13,000 |
| International Association Pension Plan | Program support | 2015 | $6,000 |
| International Association Pension Plan | Program support | 2014 | $6,000 |
Explore more
Data for Sheet Metal Workers International Scholarship Foundation Inc (EIN 52-1473935) 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.