ZUnclassifiedEIN: 046040850· Ruling Year: 1952

Asbestos Workers 6 Health & Welfare Fund

Troy, Michigan

B+Health Score
70B+

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)

This Org1.76×
Peer Median5.86×
💰
$15.8M
Total Revenue
📊
$13.3M
Total Expenses
🏦
$23.4M
Net Assets
📋
$250K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.3%
Year-over-year change (2022 → 2023)
Net Margin
+15.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.76
Net assets divided by total expenses
Liabilities-to-Assets
1.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$15,750,7542%$13,328,875$23,693,05115%
2022$15,393,3715%$13,329,27910%$20,686,5991%
2021$14,680,72538%$12,074,3047%$20,492,36717%
2020$10,639,75716%$11,266,061$17,558,1641%
2019$12,685,0021%$11,313,196$17,456,26615%
2018$12,521,0088%$11,349,44610%$15,145,2362%
2017$11,624,47812%$10,293,5329%$14,801,94914%
2016$10,357,9904%$9,460,8693%$12,977,1958%
2015$9,941,19113%$9,204,5296%$11,968,5324%
2014$8,828,4025%$8,673,9359%$11,456,7114%
2013$9,326,83522%$7,959,61113%$11,030,97017%
2012$7,633,1608%$7,021,2543%$9,395,22513%
2011$7,044,8165%$6,846,0964%$8,344,7293%
2010$6,735,995$7,096,058$8,088,978

Frequently Asked Questions

What does Asbestos Workers 6 Health & Welfare Fund do?

Asbestos Workers 6 Health & Welfare Fund is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Asbestos Workers 6 Health & Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Asbestos Workers 6 Health & Welfare Fund has a score of 70/100 (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 Asbestos Workers 6 Health & Welfare Fund generate?

Asbestos Workers 6 Health & Welfare Fund reports $16.9M in annual revenue and holds $26.8M in total assets, based on IRS filings.

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