ZUnclassifiedEIN: 226062063· Ruling Year: 1965

Local 522 Welfare Fund Of New York & New Jersey

Brooklyn, New York

B-Health Score
45B-

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 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.24×
Peer Median5.86×
💰
$29.7M
Total Revenue
📊
$33.0M
Total Expenses
🏦
$8.0M
Net Assets
📋
$4.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.2%
Year-over-year change (2022 → 2023)
Net Margin
-11.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.24
Net assets divided by total expenses
Liabilities-to-Assets
38.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$29,661,99413%$32,981,6428%$12,924,27926%
2022$26,199,9893%$30,613,1488%$17,424,61823%
2021$25,503,44814%$28,254,0435%$22,734,3641%
2020$22,337,98314%$26,921,04142%$22,550,7449%
2019$19,541,27711%$18,899,2405%$24,739,6045%
2018$17,638,42921%$19,931,56424%$23,467,0165%
2017$14,615,28024%$16,029,30123%$24,647,7082%
2016$11,778,68124%$13,082,72428%$25,122,5002%
2015$9,497,63712%$10,211,02318%$25,697,209
2014$8,505,9417%$8,626,70316%$25,640,4636%
2013$7,976,49310%$7,462,2004%$24,208,9967%
2012$7,254,1552%$7,752,93316%$22,627,1481%
2011$7,124,137$6,702,945$22,499,934

Frequently Asked Questions

What does Local 522 Welfare Fund Of New York & New Jersey do?

Local 522 Welfare Fund Of New York & New Jersey is a unclassified nonprofit organization based in New York. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Local 522 Welfare Fund Of New York & New Jersey financially healthy?

Based on our 9-metric Financial Health Score model, Local 522 Welfare Fund Of New York & New Jersey has a score of 45/100 (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 522 Welfare Fund Of New York & New Jersey generate?

Local 522 Welfare Fund Of New York & New Jersey reports $28.9M in annual revenue and holds $11.2M in total assets, based on IRS filings.

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