Health & Welfare Fund
Worcester, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $38,388,034↓8% | $32,907,755↓6% | $90,580,908↑10% | — |
| 2022 | $41,678,287↑2% | $35,039,137 | $82,271,369↓2% | — |
| 2021 | $40,689,092↑7% | $34,942,899↑22% | $84,073,039↑7% | — |
| 2020 | $37,880,535↑7% | $28,673,330↓9% | $78,211,518↑22% | — |
| 2019 | $35,426,446↑3% | $31,372,444↑7% | $64,169,049↑17% | — |
| 2018 | $34,381,110↑7% | $29,248,123↑4% | $54,902,554↑3% | — |
| 2017 | $32,130,996↑2% | $28,142,527↑6% | $53,239,765↑13% | — |
| 2016 | $31,519,444↑6% | $26,611,400 | $47,115,938↑18% | — |
| 2015 | $29,816,959↑2% | $26,522,751↓2% | $39,928,913↑7% | — |
| 2014 | $29,228,750↑8% | $26,970,420↑9% | $37,466,593↑9% | — |
| 2013 | $27,000,866↑5% | $24,761,729↓3% | $34,517,649↑4% | — |
| 2012 | $25,626,933↑3% | $25,499,001↑6% | $33,244,996↓1% | — |
| 2011 | $24,843,719 | $24,149,384 | $33,601,233 | — |
Frequently Asked Questions
What does Health & Welfare Fund do?▼
Health & Welfare Fund is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Health & Welfare Fund financially healthy?▼
Based on our 9-metric Financial Health Score model, Health & Welfare Fund has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Health & Welfare Fund generate?▼
Health & Welfare Fund reports $38.7M in annual revenue and holds $99.3M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Unclassified category, or browse all nonprofits in Massachusetts.