Sheet Metal Workers Local 206 Health Benefit Trust
San Diego, California
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 22 peers in Mutual & Membership Benefit with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $19,200,783↑19% | $15,449,017↑15% | $19,906,681↑29% | — |
| 2022 | $16,076,079↑10% | $13,383,429↑8% | $15,450,102↑16% | — |
| 2021 | $14,637,810↑2% | $12,433,209 | $13,272,401↑23% | — |
| 2020 | $14,351,114↑13% | $12,439,639↑10% | $10,804,333↑22% | — |
| 2019 | $12,697,590↑2% | $11,266,734↓3% | $8,853,080↑26% | — |
| 2018 | $12,451,996↑10% | $11,594,321↑16% | $7,026,897↑10% | — |
| 2017 | $11,306,588↑16% | $9,994,032↑6% | $6,364,153↑35% | — |
| 2016 | $9,722,818↓3% | $9,442,324↑3% | $4,698,605↑6% | — |
| 2015 | $10,042,319↑16% | $9,162,923↑15% | $4,437,408↑23% | — |
| 2014 | $8,629,450↑5% | $7,970,880↑9% | $3,596,741↑35% | — |
| 2013 | $8,190,687↑66% | $7,290,426↑69% | $2,658,904↑47% | — |
| 2012 | $4,948,255 | $4,311,240 | $1,809,246 | — |
Frequently Asked Questions
What does Sheet Metal Workers Local 206 Health Benefit Trust do?▼
Sheet Metal Workers Local 206 Health Benefit Trust is a mutual & membership benefit nonprofit organization based in California. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Sheet Metal Workers Local 206 Health Benefit Trust financially healthy?▼
Based on our 9-metric Financial Health Score model, Sheet Metal Workers Local 206 Health Benefit Trust has a score of 76/100 (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 Sheet Metal Workers Local 206 Health Benefit Trust generate?▼
Sheet Metal Workers Local 206 Health Benefit Trust reports $23.1M in annual revenue and holds $24.2M in total assets, based on IRS filings.
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