Union Labor Housing Inc

Analysis

Union Labor Housing Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 1969, 57 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 September 2023, Union Labor Housing Inc reported income of $391k and spending of $40, leaving 100% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $339k to $391k (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2023, when income rose by 45%. Over the whole period it spent 0.1% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Union Labor Housing Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KY. Charities of a similar size with the same main cause include Rosedale Development Association Inc ($391k), Marthas Vineyard Striped Bass and Bluefish Derby Inc ($391k) and Victorious Christian Living Inc ($391k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $12.6m against liabilities of $255, net assets of $12.6m.