Labors Community Service Housing Corporation

Analysis

Labors Community Service Housing Corporation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Labors Community Service Housing Corporation reported income of $130k and spending of $100k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $85k to $130k (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Labors Community Service Housing Corporation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within AZ. Charities of a similar size with the same main cause include Sunflower Diversified Services-Housing Inc ($130k), Shelbourne Apartment Building Inc ($131k) and West Mountain Regional Housing Coalition ($130k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $835k against liabilities of $678k, net assets of $158k.