ZUnclassifiedEIN: 135624028· Ruling Year: 1961

Local 8 A 28 A Welfare Fund

Astoria, New York

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.22×
Peer Median15.40×
💰
$7.5M
Total Revenue
📊
$6.9M
Total Expenses
🏦
$8.4M
Net Assets
📋
$998K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.0%
Year-over-year change (2022 → 2023)
Net Margin
+7.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.22
Net assets divided by total expenses
Liabilities-to-Assets
10.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,473,6515%$6,939,66620%$9,431,8088%
2022$7,119,88939%$5,771,3719%$10,201,443
2021$11,654,172105%$5,311,5337%$10,230,981100%
2020$5,676,2082%$5,740,5611%$5,128,1663%
2019$5,574,53616%$5,778,7078%$4,975,23920%
2018$4,824,4271%$6,282,66326%$4,131,35026%
2017$4,794,6068%$5,000,01312%$5,555,8974%
2016$5,218,35511%$5,693,11638%$5,778,1748%
2015$4,702,5382%$4,122,1503%$6,263,62011%
2014$4,626,9641%$4,246,23511%$5,661,0698%
2013$4,560,3148%$3,829,2838%$5,223,16917%
2012$4,948,01721%$4,148,29235%$4,481,93920%
2011$6,240,710$6,370,798$3,735,968

Frequently Asked Questions

What does Local 8 A 28 A Welfare Fund do?

Local 8 A 28 A Welfare Fund is a unclassified nonprofit organization based in New York. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Local 8 A 28 A Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Local 8 A 28 A Welfare Fund has a score of 63/100 (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 Local 8 A 28 A Welfare Fund generate?

Local 8 A 28 A Welfare Fund reports $7.6M in annual revenue and holds $9.9M in total assets, based on IRS filings.

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