Local 42 Community Assistance

Analysis

Local 42 Community Assistance is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Local 42 Community Assistance reported income of $57k and spending of $65k, spending 116% of what it took in. Across the 3 years on record, from June 2022 to December 2023, income grew from $37k to $57k (+55%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Local 42 Community Assistance sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within MO. Charities of a similar size with the same main cause include Zanesville Rotary Foundation Inc ($57k), The Washington State Chapter of the American Concrete Institute ($57k) and Hellenic Spirit Foundation ($57k).

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 $144k against liabilities of $0, net assets of $144k.