Uaw-Labor Employment and Training Corporation

Analysis

Uaw-Labor Employment and Training Corporation is a registered charity in United States, based in Cerritos, CA. It received its IRS tax-exemption ruling in July 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Uaw-Labor Employment and Training Corporation reported income of $9.6m and spending of $10.3m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.5m to $9.6m (-9.0%), an average of -2.3% a year. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Uaw-Labor Employment and Training Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Community Partnership of the Ozark Inc ($9.6m), North Central Community Action Program Inc ($9.6m) and Seed Commons ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $580k (5.6% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $8.5m against liabilities of $1.3m, net assets of $7.3m. It reported 217 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.