Northwest Laborers-Employers Train

Analysis

Northwest Laborers-Employers Train is a registered charity in United States, based in Kingston, WA. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Northwest Laborers-Employers Train reported income of $14.7m and spending of $12.9m, spending 88% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $10.5m to $14.7m (+40%), an average of +8.7% a year. The sharpest change came in the year to March 2020, when income rose by 24%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northwest Laborers-Employers Train sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Dreamspring ($14.7m), San Francisco Market Corporation ($14.7m) and Provport Inc ($14.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $218k (1.7% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $26.7m against liabilities of $1.4m, net assets of $25.3m. It reported 62 employees.