Laborers Local No 91 Educational and Training Fund

Analysis

Laborers Local No 91 Educational and Training Fund is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Laborers Local No 91 Educational and Training Fund reported income of $537k and spending of $379k, leaving 29% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income fell from $642k to $537k (-16%), an average of -4.4% a year. The sharpest change came in the year to May 2022, when income rose by 39%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Laborers Local No 91 Educational and Training Fund sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Project 613 NFP ($537k), Essex Food Hub Inc ($537k) and Stepping Stones Montessori School in East Lansing ($537k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $213k (56% of expenses). Other salaries and wages came to $5,556. At year end it held assets of $2.0m against liabilities of $11k, net assets of $2.0m. It reported 3 employees.