Laborers Local 157 Training and Education Fund

Analysis

Laborers Local 157 Training and Education Fund is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in April 2025. 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 June 2023, Laborers Local 157 Training and Education Fund reported income of $720k and spending of $704k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $903k to $720k (-20%), an average of -5.5% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Laborers Local 157 Training and Education Fund sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Autism Solutions Academy Inc ($720k), Pan Eros Foundation ($720k) and Oregon Extension ($720k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $2.0m against liabilities of $149k, net assets of $1.8m.