Local 947 Health & Welfare Fund
Kings Park, New York
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,122,334↑78% | $4,628,512↑71% | $1,481,730↑47% | |
| 2022 | $2,879,144↑66% | $2,711,829↑58% | $1,009,847↑13% | — |
| 2021 | $1,733,766↓9% | $1,712,879↓3% | $896,830↑5% | — |
| 2020 | $1,904,586↓42% | $1,758,369↓44% | $852,416↑22% | — |
| 2019 | $3,282,220↑105% | $3,132,305↑114% | $698,718↑14% | — |
| 2018 | $1,602,430↑25% | $1,466,007↑28% | $614,749↑49% | — |
| 2017 | $1,277,285↓12% | $1,143,490↓15% | $413,708↑32% | — |
| 2016 | $1,454,034↓23% | $1,339,895↓29% | $313,514↑33% | — |
| 2015 | $1,886,525↓2% | $1,890,449↓17% | $235,364↓15% | — |
| 2014 | $1,929,551↓20% | $2,280,976↓12% | $277,433↓52% | — |
| 2013 | $2,400,036 | $2,581,978 | $583,719 | — |
Frequently Asked Questions
What does Local 947 Health & Welfare Fund do?▼
Local 947 Health & Welfare Fund is a mutual & membership benefit nonprofit organization based in New York. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Local 947 Health & Welfare Fund financially healthy?▼
Based on our 9-metric Financial Health Score model, Local 947 Health & Welfare Fund has a score of 77/100 (Grade: A-). 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 Local 947 Health & Welfare Fund generate?▼
Local 947 Health & Welfare Fund reports $5.8M in annual revenue and holds $1.6M in total assets, based on IRS filings.
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