Construction Industry Laborers Training Fund

Analysis

Construction Industry Laborers Training Fund is a registered charity in United States, based in Belton, MO. It received its IRS tax-exemption ruling in February 1971, 55 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, Construction Industry Laborers Training Fund reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.7m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Construction Industry Laborers Training Fund sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include The Council on Undergraduate Research ($1.7m), Friends of Dxe ($1.7m) and Montessori Center of South Dayton Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $524k. At year end it held assets of $4.5m against liabilities of $66k, net assets of $4.5m. It reported 11 employees.