Union Labor Retirement Association

Analysis

Union Labor Retirement Association is a registered charity in United States, based in Clackamas, OR. It received its IRS tax-exemption ruling in February 1986, 40 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, Union Labor Retirement Association reported income of $18.3m and spending of $3.1m, leaving 83% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $18.3m (+901%), an average of +78% a year. The sharpest change came in the year to June 2023, when income rose by 625%. Over the whole period it spent 38% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Union Labor Retirement Association 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 97th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include Northwest Real Estate Capital Corporation ($18.3m), Good Shepherd Village at Endwellinc ($18.3m) and Northwest Housing Alternatives Inc ($18.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 25% of the total. Other salaries and wages came to $461k. At year end it held assets of $57.0m against liabilities of $25.9m, net assets of $31.0m.