Local 580 Insurance Fund
New York, New York
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 | $46,683,256↑2% | $54,363,421↓2% | $327,954,180↑2% | — |
| 2022 | $45,790,999↓35% | $55,344,014↑7% | $321,828,797↓13% | — |
| 2021 | $70,279,432↑35% | $51,542,209↑30% | $368,353,515↑3% | — |
| 2020 | $52,048,894↓26% | $39,673,342↓19% | $358,341,898↑8% | — |
| 2019 | $70,003,731↓10% | $49,123,934↑10% | $330,501,791↑15% | — |
| 2018 | $77,535,937↑16% | $44,759,164↑12% | $286,814,270↑10% | — |
| 2017 | $66,943,007↑20% | $39,889,986↑2% | $260,427,025↑16% | — |
| 2016 | $55,678,029↑19% | $39,159,292↑15% | $225,456,163↑12% | — |
| 2015 | $46,874,798↓14% | $33,943,862↑5% | $202,047,037↑4% | — |
| 2014 | $54,543,747↑16% | $32,232,689↑23% | $194,823,913↑10% | — |
| 2013 | $47,096,465↑16% | $26,158,555↑2% | $176,346,377↑14% | — |
| 2012 | $40,438,976↑11% | $25,536,613↑2% | $154,148,733↑9% | — |
| 2011 | $36,348,452 | $25,067,090 | $141,330,767 | — |
Frequently Asked Questions
What does Local 580 Insurance Fund do?▼
Local 580 Insurance 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 580 Insurance Fund financially healthy?▼
Based on our 9-metric Financial Health Score model, Local 580 Insurance Fund has a score of 68/100 (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 580 Insurance Fund generate?▼
Local 580 Insurance Fund reports $56.9M in annual revenue and holds $335.3M in total assets, based on IRS filings.
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