Labor Foundation for Union Workers

Analysis

Labor Foundation for Union Workers is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Labor Foundation for Union Workers reported income of $124k and spending of $62k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $124k (-1.3%), an average of -1.3% a year. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Labor Foundation for Union Workers sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Hood River County Christmas Project ($124k), Pregnancy Care Center of Cayuga County ($124k) and New Hope Development Center Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $370k against liabilities of $0, net assets of $370k.