Laborers District CNCL of the Metro Area of Philadelhia & Vicinity

Analysis

Laborers District CNCL of the Metro Area of Philadelhia & Vicinity is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Laborers District CNCL of the Metro Area of Philadelhia & Vicinity reported income of $14.2m and spending of $9.0m, leaving 37% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $10.4m to $14.2m (+37%), an average of +8.2% a year. The sharpest change came in the year to April 2021, when income rose by 29%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Laborers District CNCL of the Metro Area of Philadelhia & Vicinity sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Near North Montessori School ($14.2m), Eastside College Preparatory School Inc ($14.2m) and Big Picture Company Inc ($14.2m).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $71.5m against liabilities of $14.5m, net assets of $57.0m. It reported 38 employees.