Laborers District Council & Vicinity Charitable Foundation Inc

Analysis

Laborers District Council & Vicinity Charitable Foundation Inc is a registered charity in United States, based in Burr Ridge, IL. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Laborers District Council & Vicinity Charitable Foundation Inc reported income of $294k and spending of $594k, spending 202% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $335k to $294k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Laborers District Council & Vicinity Charitable Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Perry County Community Health Task Force ($294k), Hamilton Educational Foundation Inc ($294k) and Cassie Hines Shoes Cancer Foundation Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.