United Labor Agency Inc

Analysis

United Labor Agency Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in August 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Labor Agency Inc reported income of $7.3m and spending of $7.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.5m to $7.3m (-14%), an average of -3.8% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Labor Agency Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include New Orleans Area Habitat for Humanity Inc ($7.3m), South Carolina Association of Community Action Partnerships ($7.3m) and Friends of the Historic Genesee Theatre ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $283k (3.8% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $1.8m against liabilities of $556k, net assets of $1.2m. It reported 108 employees.