Teamster Local 641-welfare Fund
Union, New Jersey
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 Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $11,718,503↓16% | $11,285,196↓18% | $32,469,041↓11% | |
| 2022 | $13,921,254↑29% | $13,764,071↑25% | $36,462,891↓4% | — |
| 2021 | $10,801,692↓4% | $10,976,952↑7% | $38,115,997↑8% | — |
| 2020 | $11,292,630↑17% | $10,272,663↑31% | $35,398,368↑6% | — |
| 2019 | $9,684,306↓7% | $7,822,898↑10% | $33,547,809↑8% | — |
| 2018 | $10,378,481↑5% | $7,110,276↓24% | $31,145,383↑13% | — |
| 2017 | $9,837,944↑6% | $9,297,806↑7% | $27,527,744↑10% | — |
| 2016 | $9,292,437 | $8,704,732 | $24,986,766↓3% | — |
| 2015 | $9,267,368↑3% | $8,698,705↑13% | $25,652,085↑4% | — |
| 2014 | $8,998,348↑3% | $7,707,744↓6% | $24,578,918↑10% | — |
| 2013 | $8,752,181↓2% | $8,198,139↓1% | $22,415,988↑8% | — |
| 2012 | $8,914,838 | $8,259,456↑1% | $20,808,773↑4% | — |
| 2011 | $8,901,836 | $8,181,296 | $20,047,303 | — |
Frequently Asked Questions
What does Teamster Local 641-welfare Fund do?▼
Teamster Local 641-welfare Fund 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 Teamster Local 641-welfare Fund financially healthy?▼
Based on our 9-metric Financial Health Score model, Teamster Local 641-welfare Fund has a score of 84/100 (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 Teamster Local 641-welfare Fund generate?▼
Teamster Local 641-welfare Fund reports $5.3M in annual revenue and holds $28.4M in total assets, based on IRS filings.
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