Sheet Metal Workers Local 63-educational Fund
Only null% goes to programs Strong reserves
Sheet Metal Workers Local 63-educational Fund is a 501(c)(3) organization based in Springfield, Massachusetts, registered in 1974, with $753,433 in FY2024 revenue. CharityIndex grades it B.
32 Stevens St, Springfield, MA, 01104 EIN 23-7267027 Since 1974
Revenue (FY2024)
$753K
▲ 0.1% vs prior year
Employment median: $367K
Expenses (FY2024)
$740K
Net assets
$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Sheet Metal Workers Local 63-educational 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 rating27 mo reserves · +2% 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 Sheet Metal Workers Local 63-educational Fund: 27 mo reserves · +2% 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 Sheet Metal Workers Local 63-educational Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Sheet Metal Workers Local 63-educational Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 32 Stevens St, Springfield, MA, 01104
- City
- Springfield
- State
- Massachusetts
- Category
- Employment
- Subcategory
- Employment Preparation & Placement
- Website
- …
Financial trends
Revenue grew from $274K (FY2013) to $753K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $58KNet assets $1.7M
Operating margin
1.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$58K
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $753,433▲0.1% | $740,436▲2.0% | $1,664,727▲0.8% | $1,722,938▲2.0% | 990 |
| 2023 | $752,406▼4.5% | $725,704▲0.5% | $1,651,730▲1.6% | $1,689,204▲1.2% | 990 |
| 2022 | $788,236▲3.3% | $722,041▲6.4% | $1,625,028▲4.2% | $1,669,436▲4.4% | 990 |
| 2021 | $763,206▼7.1% | $678,330▲16.2% | $1,558,833▲5.8% | $1,598,456▲6.7% | 990 |
| 2020 | $821,813▲36.6% | $583,632▲26.4% | $1,473,957▲19.3% | $1,498,691▲15.8% | 990 |
| 2019 | $601,425▲21.3% | $461,679▲26.1% | $1,235,776▲18.3% | $1,294,428▲23.2% | 990 |
| 2018 | $495,903▲3.6% | $366,196▼1.9% | $1,045,005▲14.2% | $1,050,642▲14.1% | 990 |
| 2017 | $478,480▲42.4% | $373,112▲14.3% | $915,298▲13.0% | $920,466▲11.9% | 990 |
| 2016 | $335,948▲28.0% | $326,447▲2.0% | $809,930▼2.6% | $822,559▼1.5% | 990 |
| 2014 | $262,512▼4.3% | $320,158▲6.1% | $831,385▼6.5% | $835,455▼6.4% | 990 |
| 2013 | $274,314 | $301,695▲20.1% | $889,031▼3.0% | $892,484▼2.8% | 990 |
| 2012 | — | $251,212 | $916,412 | $918,316 | 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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Compare Sheet Metal Workers Local 63-educational Fund
Frequently asked questions
- Is Sheet Metal Workers Local 63-educational Fund a legitimate nonprofit?
- Yes. Sheet Metal Workers Local 63-educational Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7267027, based in Springfield, Massachusetts. Donations are tax-deductible.
- What is Sheet Metal Workers Local 63-educational Fund's EIN?
- Sheet Metal Workers Local 63-educational Fund's Employer Identification Number (EIN) is 23-7267027.
- How much revenue does Sheet Metal Workers Local 63-educational Fund report?
- Sheet Metal Workers Local 63-educational Fund reported $753,433 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sheet Metal Workers Local 63-educational Fund have?
- CharityIndex grades Sheet Metal Workers Local 63-educational Fund B, based on financial health (reserves and operating margin).
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Data for Sheet Metal Workers Local 63-educational Fund (EIN 23-7267027) 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.