College of Labor and Employment Lawyers Inc

Analysis

College of Labor and Employment Lawyers Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, College of Labor and Employment Lawyers Inc reported income of $646k and spending of $557k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $574k to $646k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College of Labor and Employment Lawyers Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include 412 Justice - Formerly Onepa Education Fund ($646k), Sailfish Point Foundation Inc ($646k) and Folds of Honor Foundation ($646k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $194k. At year end it held assets of $284k against liabilities of $5,600, net assets of $279k. It reported 2 employees.