Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United is a 501(c)(9) organization based in Newark, New Jersey, registered in 1958, with $16,802,681 in FY2024 revenue. CharityIndex grades it C+.
701 Mccarter Hwy Ste 101, Newark, NJ, 07102 EIN 13-5521921 Since 1958
Revenue (FY2024)
$16.8M
▲ 21.0% vs prior year
Expenses (FY2024)
$16.1M
Net assets
$19.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +4% margin
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 Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United: 15 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 701 Mccarter Hwy Ste 101, Newark, NJ, 07102
- City
- Newark
- State
- New Jersey
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $15.0M (FY2013) to $16.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $918KNet assets $19.7M
Operating margin
4.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$20.6M
Total liabilities
$918K
Net assets
$19.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $16,802,681▲21.0% | $16,121,640▲13.2% | $19,721,268▲8.0% | $20,639,655▲9.0% | 990 |
| 2023 | $13,882,733▲2.4% | $14,247,028▲3.3% | $18,252,219▲2.5% | $18,940,635▲4.2% | 990 |
| 2022 | $13,557,960▲7.1% | $13,792,841▲17.7% | $17,810,126▼12.8% | $18,179,307▼12.1% | 990 |
| 2021 | $12,653,336▲7.0% | $11,719,667▼26.1% | $20,414,490▲5.7% | $20,678,302▲4.6% | 990 |
| 2020 | $11,822,668▼38.6% | $15,868,880▼7.2% | $19,320,697▼16.3% | $19,768,454▼15.6% | 990 |
| 2019 | $19,246,221▲2.8% | $17,099,030▲14.9% | $23,077,986▲12.3% | $23,435,271▲11.9% | 990 |
| 2018 | $18,721,669▲17.1% | $14,882,802▼3.2% | $20,559,316▲4.6% | $20,948,490▲5.5% | 990 |
| 2017 | $15,992,015▼3.9% | $15,379,872▲1.8% | $19,648,852▲8.3% | $19,861,259▲7.3% | 990 |
| 2016 | $16,635,732▲0.4% | $15,112,703▼3.6% | $18,134,642▲13.0% | $18,503,065▲12.4% | 990 |
| 2015 | $16,567,286▼2.0% | $15,678,713▲4.1% | $16,043,217▲4.0% | $16,460,027▲3.2% | 990 |
| 2014 | $16,897,321▲12.5% | $15,055,652▲0.2% | $15,420,924▲18.8% | $15,955,656▲19.1% | 990 |
| 2013 | $15,021,779 | $15,020,854▼6.0% | $12,984,004▲10.5% | $13,395,048▲10.4% | 990 |
| 2012 | — | $15,980,062▼13.7% | $11,750,053▲38.5% | $12,130,473▲32.8% | 990 |
| 2011 | — | $18,524,622▼3.9% | $8,482,418▼13.3% | $9,131,200▼15.0% | 990 |
| 2010 | — | $19,269,508 | $9,785,245 | $10,743,469 | 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.
Frequently asked questions
- Is Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United a legitimate nonprofit?
- Yes. Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-5521921, based in Newark, New Jersey.
- What is Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United's EIN?
- Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United's Employer Identification Number (EIN) is 13-5521921.
- How much revenue does Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United report?
- Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United reported $16,802,681 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United have?
- CharityIndex grades Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United C+, based on financial health (reserves and operating margin).
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Data for Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United (EIN 13-5521921) 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.