ZUnclassifiedEIN: 222317253· Ruling Year: 1982

Health & Welfare Fund Local 456 Ib

Trenton, New Jersey

B+Health Score
71B+

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 Org3.06×
Peer Median5.86×
💰
$25.2M
Total Revenue
📊
$23.0M
Total Expenses
🏦
$70.6M
Net Assets
📋
$4.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.1%
Year-over-year change (2022 → 2023)
Net Margin
+8.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.06
Net assets divided by total expenses
Liabilities-to-Assets
5.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$25,154,22717%$23,045,01517%$74,917,42312%
2022$21,485,9199%$27,668,25511%$66,828,88422%
2021$23,555,11510%$24,980,82022%$85,557,685
2020$26,061,0516%$20,419,89113%$85,836,28713%
2019$24,636,3044%$23,450,0124%$75,672,32013%
2018$23,703,9144%$24,514,5161%$67,066,0707%
2017$22,818,6219%$24,795,1073%$71,765,0018%
2016$25,053,1555%$24,152,2302%$66,360,5304%
2015$26,240,1702%$23,578,51313%$64,101,5092%
2014$26,835,60021%$20,807,94120%$62,979,43813%
2013$34,114,89814%$17,340,12510%$55,798,12529%
2012$39,586,35955%$19,342,0666%$43,359,672163%
2011$25,566,533$20,631,920$16,498,714

Frequently Asked Questions

What does Health & Welfare Fund Local 456 Ib do?

Health & Welfare Fund Local 456 Ib is a unclassified nonprofit organization based in New Jersey. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Health & Welfare Fund Local 456 Ib financially healthy?

Based on our 9-metric Financial Health Score model, Health & Welfare Fund Local 456 Ib has a score of 71/100 (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 Health & Welfare Fund Local 456 Ib generate?

Health & Welfare Fund Local 456 Ib reports $29.5M in annual revenue and holds $80.2M in total assets, based on IRS filings.

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