Commercial Employees Local 94-94a Training Program

Analysis

Commercial Employees Local 94-94a Training Program is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Commercial Employees Local 94-94a Training Program reported income of $2.6m and spending of $2.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.6m (+0.2%), an average of +0.0% a year. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Commercial Employees Local 94-94a Training Program sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Central Square Business Improvement District Inc ($2.6m), Pasco Economic Development Council Inc ($2.6m) and Southeast Kentucky Economic Development Corporation Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 87% of the total. Other salaries and wages came to $846k. At year end it held assets of $9.6m against liabilities of $432k, net assets of $9.2m. It reported 34 employees.