Charity Search / LOCAL 26 EDUCATIONAL DEVELOPMENT TRUST
Employment (J22) 990 on File

LOCAL 26 EDUCATIONAL DEVELOPMENT TRUST

EIN: 91-6293856 · LACEY, WA 98516-1324 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$4.3M
Total Revenue
$4.2M
Total Expenses
$10.7M
Net Assets
61
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.2%
Fundraising Efficiency N/A
Operating Reserve 30.37x
Liability-to-Asset 0.2%
Revenue Diversification 93.7%
Executive Compensation $504K
Compared with Peers
FY 2025
Compared with 483 similar organizations (United States, Employment, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
87.2% 85.5%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
12.8% 13.1%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
30.4 mo 11.8 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.2% 12.9%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
93.7% 92.0%
P10P90
Below median
Surplus margin
Surplus as a share of revenue
2.0% 3.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $4.3M $4.2M $10.7M 87.2% 61
2023 $4.1M $3.8M $10.3M 87.2% 70
2022 $3.6M $3.5M $10.0M 87.1% 78
2021 $3.8M $2.9M N/A 64
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Organization Details
EIN
91-6293856
State
WA
City
LACEY
ZIP
98516-1324
Classification
J22
Category
Employment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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