YMutual & Membership BenefitEIN: 386829766· Ruling Year: 2006

Local 7 Tile Industry Welfare Fund Tr

New York, New York

B-Health Score
52B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.55×
Peer Median10.70×
💰
$26.7M
Total Revenue
📊
$32.4M
Total Expenses
🏦
$17.8M
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-21.3%
Year-over-year change (2022 → 2023)
Net Margin
-21.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.55
Net assets divided by total expenses
Liabilities-to-Assets
7.3%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$26,713,46521%$32,389,0953%$19,156,88718%
2022$33,957,18919%$33,526,9145%$23,274,0777%
2021$28,639,63311%$35,253,74010%$25,157,53812%
2020$25,814,75637%$39,381,75311%$28,566,16628%
2019$40,669,18018%$35,386,4838%$39,920,68527%
2018$34,366,77414%$32,782,30217%$31,505,7813%
2017$30,122,5141%$28,066,9403%$30,526,14815%
2016$29,848,0247%$27,226,72615%$26,591,83714%
2015$27,808,49133%$23,594,4196%$23,334,82722%
2014$20,960,4042%$22,277,9425%$19,170,2507%
2013$21,468,22514%$21,164,23212%$20,552,2082%
2012$18,814,46413%$18,835,4113%$20,243,3331%
2011$21,706,74511%$18,268,35617%$20,092,11321%
2010$19,577,609$22,103,783$16,636,371

Frequently Asked Questions

What does Local 7 Tile Industry Welfare Fund Tr do?

Local 7 Tile Industry Welfare Fund Tr 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 7 Tile Industry Welfare Fund Tr financially healthy?

Based on our 9-metric Financial Health Score model, Local 7 Tile Industry Welfare Fund Tr has a score of 52/100 (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 7 Tile Industry Welfare Fund Tr generate?

Local 7 Tile Industry Welfare Fund Tr reports $29.2M in annual revenue and holds $16.5M in total assets, based on IRS filings.

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