ZUnclassifiedEIN: 237009355· Ruling Year: 1969

Plumbers & Pipefitters Local 188 Health & Welfare Fund

Fleming Isle, Florida

BHealth Score
58B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.90×
Peer Median15.40×
💰
$4.6M
Total Revenue
📊
$4.1M
Total Expenses
🏦
$3.7M
Net Assets
📋
$23K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.1%
Year-over-year change (2022 → 2023)
Net Margin
+10.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.90
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,567,6961%$4,075,7323%$3,703,51815%
2022$4,618,23015%$4,215,9248%$3,225,30714%
2021$5,430,2402%$4,564,78616%$2,819,56646%
2020$5,330,14110%$5,435,87713%$1,930,9906%
2019$4,855,7002%$4,821,1226%$2,057,0852%
2018$4,771,0647%$4,560,32012%$2,014,72011%
2017$4,472,43711%$4,073,8448%$1,807,81029%
2016$4,017,1211%$3,782,06211%$1,399,83721%
2015$3,965,07417%$4,230,32026%$1,160,53119%
2014$3,401,7649%$3,351,80014%$1,435,3722%
2013$3,122,512$3,898,86114%$1,412,79435%
2012$3,123,1372%$3,429,6411%$2,182,70112%
2011$3,188,358$3,394,525$2,471,332

Frequently Asked Questions

What does Plumbers & Pipefitters Local 188 Health & Welfare Fund do?

Plumbers & Pipefitters Local 188 Health & Welfare Fund is a unclassified nonprofit organization based in Florida. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Plumbers & Pipefitters Local 188 Health & Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Plumbers & Pipefitters Local 188 Health & Welfare Fund has a score of 58/100 (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 Plumbers & Pipefitters Local 188 Health & Welfare Fund generate?

Plumbers & Pipefitters Local 188 Health & Welfare Fund reports $5.0M in annual revenue and holds $5.2M in total assets, based on IRS filings.

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