CSCharityScored
86

Hobart Institute Of Welding Technology

Other · Troy, Ohio

400 Trade Sq E, Troy, OH 45373-2463

EIN: 316032186· Founded: Sep 1940· 86 years active· Filing Year: 2023

Annual Revenue

$10.7M

Total Expenses

$9.4M

Total Assets

$26.3M

Program Spending

95%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$640K

6.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$3.3M

Total Payroll

$3.9M

41% of total expenses

Where the Money Goes

95%
Programs: 95%
Payroll: 41%
Other overhead: 5%
Program Revenue$8.9M (83%)
Total Expenses$9.4M (88%)
Payroll$3.9M (41%)
Overhead (non-program)5%

Trust Score Breakdown

Program Spending Ratio

95% of expenses go to programs

40%

Revenue & Stability

$10.7M annual revenue

15%

Executive Compensation

$640K total officer comp (6.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$26.3M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.