Laborers International Union Of North
EIN: 475220062 · Providence, RI
| Metric | Value |
|---|---|
| Total Revenue | $290K |
| Total Expenses | $274K |
| Net Assets | $467K |
Is Laborers International Union Of North Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Laborers International Union Of North
Laborers International Union Of North (EIN: 475220062) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $290K and total assets of $459K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laborers International Union Of North's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laborers International Union Of North is a small nonprofit that has been operating for 86 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 67.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $256K |
| Total Expenses | $274K |
| Surplus / Deficit | $-17,981 |
| Total Assets | $470K |
| Total Liabilities | $3K |
| Net Assets | $467K |
| Operating Margin | -7.0% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 20.6 months |
Financial Health Grade: B
In 2023, Laborers International Union Of North reported a deficit of $18K with expenses exceeding revenue, holds 20.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Laborers International Union Of North's revenue has grown at a compound annual growth rate (CAGR) of 67.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.8% | +13.2% | -3.7% |
| 2022 | +5.8% | +102.7% | +0.5% |
| 2021 | +36.3% | -21.3% | +29.0% |
| 2020 | -43.7% | +17.3% | +4.5% |
| 2019 | +33.4% | +10.4% | +87.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Laborers International Union Of North has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Laborers International Union Of North with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Laborers International Union Of North
Is Laborers International Union Of North a legitimate charity?
Laborers International Union Of North (EIN: 475220062) is a registered tax-exempt nonprofit based in Rhode Island. It has 9 years of IRS 990 filings on record. Total revenue: $290K. No red flags identified. Financial health grade: B.
How does Laborers International Union Of North spend its money?
Laborers International Union Of North reported $290K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Laborers International Union Of North tax-deductible?
Laborers International Union Of North is registered as a tax-exempt nonprofit (EIN: 475220062). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Laborers International Union Of North located?
Laborers International Union Of North is headquartered in Providence, Rhode Island and files with the IRS under EIN 475220062.
How many years of IRS 990 filings does Laborers International Union Of North have?
Laborers International Union Of North has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $290K in total revenue.
Filing History
IRS 990 filing history for Laborers International Union Of North showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Laborers International Union Of North's revenue has grown by 6193.7%, moving from $4K to $256K. Total assets increased by 11199.8% over the same period, from $4K to $470K. Total functional expenses rose by 13675250%, from $2 to $274K. In its most recent filing year (2023), Laborers International Union Of North reported a deficit of $18K, with expenses exceeding revenue. The organization holds $3K in liabilities against $470K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $467K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $256K | $274K | $470K | $3K | — | View 990 |
| 2022 | $242K | $242K | $488K | $2K | — | View 990 |
| 2021 | $228K | $119K | $485K | $161 | — | — |
| 2020 | $167K | $151K | $376K | $151 | — | — |
| 2019 | $297K | $129K | $360K | $114 | — | View 990 |
| 2018 | $223K | $117K | $192K | $415 | — | View 990 |
| 2017 | $136K | $96K | $87K | $466 | — | View 990 |
| 2016 | $103K | $61K | $46K | $170 | — | View 990 |
| 2015 | $4K | $2 | $4K | $100 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $256K, expenses of $274K, and assets of $470K (revenue +5.8% year-over-year).
- 2022: Revenue of $242K, expenses of $242K, and assets of $488K (revenue +5.8% year-over-year).
- 2021: Revenue of $228K, expenses of $119K, and assets of $485K (revenue +36.3% year-over-year).
- 2020: Revenue of $167K, expenses of $151K, and assets of $376K (revenue -43.7% year-over-year).
- 2019: Revenue of $297K, expenses of $129K, and assets of $360K (revenue +33.4% year-over-year).
- 2018: Revenue of $223K, expenses of $117K, and assets of $192K (revenue +64.2% year-over-year).
- 2017: Revenue of $136K, expenses of $96K, and assets of $87K (revenue +31.5% year-over-year).
- 2016: Revenue of $103K, expenses of $61K, and assets of $46K (revenue +2442.1% year-over-year).
- 2015: Revenue of $4K, expenses of $2, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laborers International Union Of North:
Data Sources and Methodology
This transparency report for Laborers International Union Of North is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.