Co-Laborers International Inc

Analysis

Co-Laborers International Inc is a registered charity in United States, based in S Hackensack, NJ. It received its IRS tax-exemption ruling in March 1986, 40 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, Co-Laborers International Inc reported income of $67k and spending of $68k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $67k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Co-Laborers International Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include U S Cavalry Association ($67k), PTA North Carolina Congress ($67k) and PTA Colorado Congress ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.