Laborers Local 66 Charitable Corp

Analysis

Laborers Local 66 Charitable Corp is a registered charity in United States, based in Melville, NY. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Laborers Local 66 Charitable Corp reported income of $74k and spending of $61k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $74k (+8.8%), an average of +8.8% a year. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Laborers Local 66 Charitable Corp sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Mississippi Charitable Foundation Inc ($74k), Wynn Housing Foundation ($74k) and LSS Housing 26th Street Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.4% of the total. At year end it held assets of $362k against liabilities of $0, net assets of $362k.