Y — Mutual & 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$26,713,465↓21%$32,389,095↓3%$19,156,887↓18%
2022$33,957,189↑19%$33,526,914↓5%$23,274,077↓7%
2021$28,639,633↑11%$35,253,740↓10%$25,157,538↓12%
2020$25,814,756↓37%$39,381,753↑11%$28,566,166↓28%
2019$40,669,180↑18%$35,386,483↑8%$39,920,685↑27%
2018$34,366,774↑14%$32,782,302↑17%$31,505,781↑3%
2017$30,122,514↑1%$28,066,940↑3%$30,526,148↑15%
2016$29,848,024↑7%$27,226,726↑15%$26,591,837↑14%
2015$27,808,491↑33%$23,594,419↑6%$23,334,827↑22%
2014$20,960,404↓2%$22,277,942↑5%$19,170,250↓7%
2013$21,468,225↑14%$21,164,232↑12%$20,552,208↑2%
2012$18,814,464↓13%$18,835,411↑3%$20,243,333↑1%
2011$21,706,745↑11%$18,268,356↓17%$20,092,113↑21%
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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