International Union of Bricklayers and Allied Craftworkers

Analysis

International Union of Bricklayers and Allied Craftworkers is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in March 1970, 56 years ago. 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, International Union of Bricklayers and Allied Craftworkers reported income of $1.9m and spending of $781k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.9m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Union of Bricklayers and Allied Craftworkers sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include The Lutheran Care Network Inc ($1.9m), Alternatives for Youth Foundation Inc ($1.9m) and 100 Black Men of Atlanta Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 76% of the total. Compensation of current officers, directors and key employees was $162k (21% of expenses). Other salaries and wages came to $68k. At year end it held assets of $9.5m against liabilities of $145k, net assets of $9.4m. It reported 2 employees.