Laborers Community Service and Training Foundation

Analysis

Laborers Community Service and Training Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Laborers Community Service and Training Foundation reported income of $316k and spending of $222k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $349k to $316k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 148% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Laborers Community Service and Training Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include 247 Blac ($316k), San Diego Lions Welfare Foundation ($316k) and Ozaukee Nonprofit Center Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $407k against liabilities of $0, net assets of $407k.