Steamfitters U A Local 353 Educational Trust Fund is a 501(c)(3) organization based in Peoria, Illinois, registered in 1978, with $983,591 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$984K
▼ 2.3% vs prior year
Expenses (FY2024)
$886K
Net assets
$2.6M
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 Steamfitters U A Local 353 Educational Trust Fund— 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 Steamfitters U A Local 353 Educational Trust Fund: 35 mo reserves · +10% 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 Steamfitters U A Local 353 Educational Trust Fund— 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 Steamfitters U A Local 353 Educational Trust Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $563K (FY2013) to $984K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
9.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.6M
Total liabilities
$6,734
Net assets
$2.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $983,591▼2.3% | $885,960▲5.6% | $2,611,105▲4.7% | $2,617,839▲4.1% | 990 |
| 2023 | $1,006,649▲3.6% | $838,645▼4.2% | $2,493,001▲8.8% | $2,515,710▲7.0% | 990 |
| 2022 | $971,535▲43.2% | $875,260▲34.8% | $2,291,235▲4.3% | $2,350,095▲4.6% | 990 |
| 2021 | $678,288▲22.5% | $649,304▲15.9% | $2,196,748▲0.9% | $2,247,218▼0.8% | 990 |
| 2020 | $553,578▲6.2% | $560,360▼4.5% | $2,177,036▲1.8% | $2,265,126▲3.4% | 990 |
| 2019 | $521,480▼11.8% | $586,854▼7.2% | $2,139,230▼3.0% | $2,189,838▼3.4% | 990 |
| 2018 | $591,013▲12.1% | $632,265▼5.8% | $2,205,897▼2.0% | $2,266,691▼0.8% | 990 |
| 2017 | $527,229▼5.0% | $670,905▲0.3% | $2,250,345▼5.5% | $2,285,272▼5.4% | 990 |
| 2016 | $555,201▼9.6% | $668,619▼4.6% | $2,381,621▼4.0% | $2,416,777▼5.3% | 990 |
| 2015 | $614,178▼1.5% | $701,133▲5.3% | $2,481,331▼3.7% | $2,551,351▼3.3% | 990 |
| 2014 | $623,736▲10.8% | $665,912▲7.3% | $2,577,623▼1.6% | $2,637,678▼6.4% | 990 |
| 2013 | $563,143 | $620,864▼1.0% | $2,620,795▼2.2% | $2,818,528▲2.7% | 990 |
| 2012 | — | $627,051▲11.0% | $2,680,755▲1.1% | $2,743,104▼0.6% | 990 |
| 2011 | — | $565,119▲4.5% | $2,651,385▲4.8% | $2,760,755▲6.8% | 990 |
| 2010 | — | $540,898 | $2,530,853 | $2,585,880 | 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 Steamfitters U A Local 353 Educational Trust Fund (EIN 37-6033208) 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.