Labors Training and Community Development Alliance

Analysis

Labors Training and Community Development Alliance is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 1966, 60 years ago. 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, Labors Training and Community Development Alliance reported income of $1.0m and spending of $979k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $466k to $1.0m (+123%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Labors Training and Community Development Alliance sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Correctional Association of New York ($1.0m), H E L P Center Inc ($1.0m) and New Trier West Hockey Club Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Other salaries and wages came to $275k. At year end it held assets of $607k against liabilities of $284k, net assets of $323k. It reported 13 employees.