Teamster Rank and File Education and Legal Defense Foundation

Analysis

Teamster Rank and File Education and Legal Defense Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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, Teamster Rank and File Education and Legal Defense Foundation reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $409k to $1.4m (+244%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Teamster Rank and File Education and Legal Defense Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Boca Grande Womans Club Inc ($1.4m), Vermont Rural Water Association ($1.4m) and Acmg Foundation for Genetic and Genomic Medicine ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $75k (6.8% of expenses). Other salaries and wages came to $386k. At year end it held assets of $826k against liabilities of -$355, net assets of $827k. It reported 8 employees.