Laborers with Christ

Analysis

Laborers with Christ is a registered charity in United States, based in Alta, IA. It received its IRS tax-exemption ruling in October 1987, 39 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, Laborers with Christ reported income of $81k and spending of $102k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $81k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laborers with Christ sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within IA. Charities of a similar size with the same main cause include Bnai Brith Housing Inc ($81k), Senior Resources Inc of Jennings ($81k) and Fifth District Ahepa Cancer Research Foundation Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $123k against liabilities of $30k, net assets of $93k.