Volunteers of Latrobe Inc

Analysis

Volunteers of Latrobe Inc is a registered charity in United States, based in Latrobe, PA. It received its IRS tax-exemption ruling in September 1984, 42 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 September 2023, Volunteers of Latrobe Inc reported income of $76k and spending of $70k, spending 91% of its income. Across the 3 years on record, from September 2021 to September 2023, income fell from $91k to $76k (-16%), an average of -8.3% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Volunteers of Latrobe Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include Sterling Forest Volunteer Fire Company Inc ($76k), George W Gibbs Jr Elementary PTA ($76k) and East Brunswick Friends of the Library ($76k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 1.2% and program service revenue 75% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.