West Virginia Laborers Training

Analysis

West Virginia Laborers Training is a registered charity in United States, based in Mineral Wells, WV. It received its IRS tax-exemption ruling in October 1972, 54 years ago. 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, West Virginia Laborers Training reported income of $4.9m and spending of $2.5m, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.0m to $4.9m (-39%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Virginia Laborers Training sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WV. Charities of a similar size with the same main cause include Crisis Management Services Inc ($4.9m), Saint Ann Retirement Center Inc ($4.9m) and Lawyers Committee for Civil Rights of the San Francisco Bay Area ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 83% of the total. Other salaries and wages came to $731k. At year end it held assets of $24.9m against liabilities of $104k, net assets of $24.8m. It reported 16 employees.