Hospitality Industry Labor-management Cooperation Trust is a 501(c)(5) organization based in Los Angeles, California, registered in 2020, with $1,265,795 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.3M
▲ 13.6% vs prior year
Employment median: $367K
Expenses (FY2024)
$679K
Net assets
$1.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hospitality Industry Labor-management Cooperation Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hospitality Industry Labor-management Cooperation Trust: 33 mo reserves · +46% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hospitality Industry Labor-management Cooperation Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hospitality Industry Labor-management Cooperation Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $295K (FY2019) to $1.3M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
46.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$9,877
Net assets
$1.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,265,795▲13.6% | $679,034▲16.2% | $1,878,889▲45.4% | $1,888,766▲44.2% | 990 |
| 2023 | $1,114,044▲28.4% | $584,435▲26.0% | $1,292,128▲69.5% | $1,309,903▲69.7% | 990 |
| 2022 | $867,426▲79.6% | $463,794▲9.6% | $762,519▲112% | $772,103▲108% | 990 |
| 2021 | $483,106▲49.0% | $423,009▲36.9% | $358,887▲20.1% | $372,087▲20.2% | 990 |
| 2020 | $324,127▲9.8% | $309,070▲2590% | $298,790▲5.3% | $309,495▲7.8% | 990 |
| 2019 | $295,224 | $11,491 | $283,733 | $286,980 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Hospitality Industry Labor-management Cooperation Trust (EIN 84-2814241) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.