Hobart Institute of Welding Technology
Hobart Institute of Welding Technology reported $11.0 million in revenue and $10.5 million in expenses for calendar year 2025. Of every $100 it spent, $74.86 went to program services, $25.14 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 81.5% of the total. The highest compensation it reported for one person was $172,488 (VICE PRESIDENT). 3 people received more than $100,000 in reportable compensation. Revenue rose 30% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 25.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 81.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $172,488 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.64% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 3 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 32.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseThe Hobart Institute of Welding Technology is a nonprofit institution dedicated to welding training and education excellence. Hobart Institute is committed to helping individuals develop marketable welding skills through quality training at minimum cost. The institute educates and trains individuals in the use and application of welding technologies; develops and disseminates welding training and educational materials; and conducts certification research and qualifications for the welding industry. Hobart Institute strives to develop new and better welding training methods and training…
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| VICE PRESIDENT Director/trustee, officer, 45.00 hrs/week | $142,037 | $0 | $30,451 | $172,488 |
| PRESIDENT Director/trustee, officer, 45.00 hrs/week | $149,135 | $0 | $0 | $149,135 |
| BUSINESS DEVELOPMENT REPRESENTATIVE Highest compensated employee, 45.00 hrs/week | $141,491 | $0 | $6,308 | $147,799 |
| TREASURER/FINANCE MANAGER (BEG. JUN.) Director/trustee, officer, 45.00 hrs/week | $54,251 | $0 | $5,502 | $59,753 |
3 people received more than $100,000 in reportable compensation from Hobart Institute of Welding Technology (Part VII, line 2). Compensation of current officers, directors and key employees totaled $381K (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 568
- Volunteers Part I, line 65
Private foundation grants it received
2 private foundations reported grants to Hobart Institute of Welding Technology totaling $5,011 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Hobart Institute of Welding Technology's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hobart Institute of Welding Technology, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Hobart Institute of Welding Technology spent in 2025, $74.86 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Hobart Institute of Welding Technology's spending goes to programs?
In calendar year 2025, Hobart Institute of Welding Technology reported that 74.9% of its $10.5 million in expenses went to program services, 25.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Hobart Institute of Welding Technology pay its top executive?
The largest total compensation Hobart Institute of Welding Technology reported for one person in calendar year 2025 was $172,488, for the role of VICE PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Hobart Institute of Welding Technology get its money?
Of $11.0 million in revenue in calendar year 2025, 0.2% came from contributions and grants and 81.5% from program service revenue (Form 990, Part VIII).
Is Hobart Institute of Welding Technology a registered charity?
The IRS lists EIN 31-6032186 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202602089349301250 · read the filing
- 2024: Form 990 for calendar year 2024, object 202502619349301605 · read the filing
- 2023: Form 990 for calendar year 2023, object 202402829349300140 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303179349301745 · read the filing
- 2021: Form 990 for calendar year 2021, object 202222999349301122 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102529349301755 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043029349300019 · read the filing
All filings for EIN 31-6032186: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.