Labor Guild of the Archdiocese of Boston

Analysis

Labor Guild of the Archdiocese of Boston is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in May 2018, 8 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, Labor Guild of the Archdiocese of Boston reported income of $217k and spending of $299k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $217k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Labor Guild of the Archdiocese of Boston sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Alexandria Baseball Inc ($217k), Farmington Players Inc ($217k) and Brazilian Missions ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $118k (39% of expenses). Other salaries and wages came to $48k. At year end it held assets of $333k against liabilities of $572k, net assets of -$239k. It reported 4 employees.