Wisconsin Laborers Apprenticeship and Training Fund

Analysis

Wisconsin Laborers Apprenticeship and Training Fund is a registered charity in United States, based in Deforest, WI. It received its IRS tax-exemption ruling in February 2003, 23 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 May 2023, Wisconsin Laborers Apprenticeship and Training Fund reported income of $3.1m and spending of $2.4m, leaving 24% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $4.4m to $3.1m (-29%), an average of -8.3% a year. The sharpest change came in the year to May 2020, when income dropped by 34%. Over the whole period it spent 62% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wisconsin Laborers Apprenticeship and Training Fund sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Highbridge Community Development Corporation ($3.1m), Anthony Lakes Outdoors Recreation a Ssoc ($3.1m) and Rural Missouri Incorporated ($3.1m).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $801k. At year end it held assets of $19.2m against liabilities of $122k, net assets of $19.0m. It reported 16 employees.