Eastern New York Laborers Training Center Inc

Analysis

Eastern New York Laborers Training Center Inc is a registered charity in United States, based in Glenmont, NY. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Eastern New York Laborers Training Center Inc reported income of $2.0m and spending of $1.8m, spending 88% of its income. Across the 5 years on record, from July 2020 to July 2024, income fell from $2.2m to $2.0m (-8.3%), an average of -2.1% a year. The sharpest change came in the year to July 2024, when income rose by 20%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern New York Laborers Training Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Camp Cedar Cliff Inc ($2.0m), Danville Christian Academy Inc ($2.0m) and St Christopher School Inc ($2.0m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 4.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $174k (9.7% of expenses). Other salaries and wages came to $319k. At year end it held assets of $4.5m against liabilities of $93k, net assets of $4.4m. It reported 7 employees.