Puget Sound Labor Agency Afl-Cio

Analysis

Puget Sound Labor Agency Afl-Cio is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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, Puget Sound Labor Agency Afl-Cio reported income of $417k and spending of $425k, spending 102% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $248k to $417k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Puget Sound Labor Agency Afl-Cio sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include New Hope Baptist Church Va ($417k), Treasure State Foundation ($417k) and Big Brothers Big Sisters of Central Montana ($417k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $101k (24% of expenses). Other salaries and wages came to $92k. At year end it held assets of $245k against liabilities of $41k, net assets of $203k. It reported 3 employees.