Local Union Community Charities

Analysis

Local Union Community Charities is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Local Union Community Charities reported income of $64k and spending of $35k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $64k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Local Union Community Charities sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within IA. Charities of a similar size with the same main cause include NDST Haiti Mission ($64k), Gathering Wing ($64k) and Southeast Flordia Community Development Fund Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.