Laborers Joint Apprenticeship Andtraining Trust of Wyoming

Analysis

Laborers Joint Apprenticeship Andtraining Trust of Wyoming is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in September 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Laborers Joint Apprenticeship Andtraining Trust of Wyoming reported income of $82k and spending of $97k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $202k to $82k (-59%), an average of -20% a year. The sharpest change came in the year to June 2021, when income dropped by 60%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Laborers Joint Apprenticeship Andtraining Trust of Wyoming sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 27th percentile within WY. Charities of a similar size with the same main cause include Silverton Downtown Association Inc ($82k), Gwinner Community Development Corporation ($82k) and Lexington-Bluegrass Area Minority Expo Inc ($82k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $87k against liabilities of $4,625, net assets of $83k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.