Laborers International Union Of North America
Laborers International Union Of North America shows consistent revenue growth and asset accumulation, but 2023 saw a significant increase in liabilities.
EIN: 210603706 · Trenton, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $27.5M |
| Total Expenses | $6.3M |
| Program Spending | 80% |
| Net Assets | $31.8M |
| Transparency Score | 85/100 |
Is Laborers International Union Of North America Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Laborers International Union Of North America directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Laborers International Union Of North America
Laborers International Union Of North America (EIN: 210603706) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $27.5M and total assets of $37.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laborers International Union Of North America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laborers International Union Of North America is a large nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.9M |
| Total Expenses | $6.3M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $31.9M |
| Total Liabilities | $44K |
| Net Assets | $31.8M |
| Operating Margin | 20.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 61.0 months |
Financial Health Grade: A
In 2023, Laborers International Union Of North America reported a surplus of $1.6M with revenue exceeding expenses, holds 61.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Laborers International Union Of North America's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | +11.8% | +19.0% |
| 2022 | +1.8% | +5.2% | -5.0% |
| 2021 | +1.3% | +7.0% | +16.6% |
| 2020 | +10.1% | +10.1% | +16.4% |
| 2019 | +14.7% | +9.5% | +30.7% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Laborers International Union Of North America with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Laborers International Union Of North America allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive salaries are categorized under other operational expenses, which could obscure the true administrative cost structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Laborers International Union Of North America's IRS 990 filings:
- Sudden and substantial increase in liabilities in 2023 to $43,995,000, which is a significant deviation from historical trends.
- Lack of reported officer compensation across all filings, which could obscure executive management costs and transparency.
Strengths
The following positive indicators were identified for Laborers International Union Of North America:
- Consistent revenue growth over the past decade, indicating strong financial sustainability.
- Healthy asset accumulation, with assets growing from $10,120,997 in 2014 to $31,876,497 in 2023.
- Consistent operating surplus, with revenues consistently exceeding expenses.
- Generally low liabilities in most years, indicating responsible debt management prior to 2023.
Frequently Asked Questions about Laborers International Union Of North America
Is Laborers International Union Of North America a legitimate charity?
Laborers International Union Of North America (EIN: 210603706) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $27.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Laborers International Union Of North America spend its money?
Laborers International Union Of North America directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Laborers International Union Of North America tax-deductible?
Laborers International Union Of North America is registered as a tax-exempt nonprofit (EIN: 210603706). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Laborers International Union Of North America's spending goes to programs?
Laborers International Union Of North America directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Laborers International Union Of North America located?
Laborers International Union Of North America is headquartered in Trenton, New Jersey and files with the IRS under EIN 210603706.
How many years of IRS 990 filings does Laborers International Union Of North America have?
Laborers International Union Of North America has 13 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 $27.5M in total revenue.
What caused the significant increase in liabilities to $43,995,000 in 2023, compared to previous years where liabilities were typically under $200,000?
The IRS 990 data indicates a dramatic jump in liabilities in the 2023 fiscal period. Without access to the full 990 form, it's impossible to pinpoint the exact cause, but common reasons could include new long-term debt, significant deferred revenue, or pending legal settlements. This warrants further investigation into the organization's financial statements.
How does the organization manage its executive leadership without reporting any officer compensation?
The consistent reporting of 0% officer compensation suggests that either the executive leadership is entirely volunteer-based, or their compensation is included within other expense categories, such as 'salaries and wages' for non-officer staff, or as part of a management fee to an external entity. This practice can make it difficult to assess the true cost of executive oversight.
What is the organization's NTEE code and how does it align with its reported activities and financial structure?
The NTEE code for Laborers International Union Of North America is currently unknown. Understanding this code would provide context on its primary mission and how its financial activities, such as revenue generation and expense allocation, align with typical organizations in its sector.
Filing History
IRS 990 filing history for Laborers International Union Of North America showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Laborers International Union Of North America's revenue has grown by 93.5%, moving from $4.1M to $7.9M. Total assets increased by 434.7% over the same period, from $6.0M to $31.9M. Total functional expenses rose by 92.3%, from $3.3M to $6.3M. In its most recent filing year (2023), Laborers International Union Of North America reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $44K in liabilities against $31.9M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $31.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.9M | $6.3M | $31.9M | $44K | — | — |
| 2022 | $8.1M | $5.6M | $26.8M | $87K | — | View 990 |
| 2021 | $8.0M | $5.3M | $28.2M | $4K | — | View 990 |
| 2020 | $7.9M | $5.0M | $24.2M | $59K | — | View 990 |
| 2019 | $7.2M | $4.5M | $20.8M | $27K | — | View 990 |
| 2018 | $6.3M | $4.1M | $15.9M | $178K | — | View 990 |
| 2017 | $5.7M | $4.0M | $15.1M | $153K | — | View 990 |
| 2016 | $4.4M | $3.8M | $12.0M | $101K | — | View 990 |
| 2015 | $5.3M | $3.6M | $10.9M | $130K | — | View 990 |
| 2014 | $5.0M | $3.5M | $10.1M | $103K | — | View 990 |
| 2013 | $4.6M | $3.3M | $8.5M | $94K | — | View 990 |
| 2012 | $4.5M | $3.2M | $7.3M | $126K | — | View 990 |
| 2011 | $4.1M | $3.3M | $6.0M | $113K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.9M, expenses of $6.3M, and assets of $31.9M (revenue -3.4% year-over-year).
- 2022: Revenue of $8.1M, expenses of $5.6M, and assets of $26.8M (revenue +1.8% year-over-year).
- 2021: Revenue of $8.0M, expenses of $5.3M, and assets of $28.2M (revenue +1.3% year-over-year).
- 2020: Revenue of $7.9M, expenses of $5.0M, and assets of $24.2M (revenue +10.1% year-over-year).
- 2019: Revenue of $7.2M, expenses of $4.5M, and assets of $20.8M (revenue +14.7% year-over-year).
- 2018: Revenue of $6.3M, expenses of $4.1M, and assets of $15.9M (revenue +8.8% year-over-year).
- 2017: Revenue of $5.7M, expenses of $4.0M, and assets of $15.1M (revenue +29.4% year-over-year).
- 2016: Revenue of $4.4M, expenses of $3.8M, and assets of $12.0M (revenue -16.6% year-over-year).
- 2015: Revenue of $5.3M, expenses of $3.6M, and assets of $10.9M (revenue +5.6% year-over-year).
- 2014: Revenue of $5.0M, expenses of $3.5M, and assets of $10.1M (revenue +10.1% year-over-year).
- 2013: Revenue of $4.6M, expenses of $3.3M, and assets of $8.5M (revenue +1.9% year-over-year).
- 2012: Revenue of $4.5M, expenses of $3.2M, and assets of $7.3M (revenue +10.5% year-over-year).
- 2011: Revenue of $4.1M, expenses of $3.3M, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laborers International Union Of North America:
Data Sources and Methodology
This transparency report for Laborers International Union Of North America 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.