ZUnclassifiedEIN: 366599036· Ruling Year: 1955

Iron Works Tri-state Welfare Fund

Schaumburg, Illinois

BHealth Score
59B

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.31×
Peer Median5.86×
💰
$27.8M
Total Revenue
📊
$28.5M
Total Expenses
🏦
$65.6M
Net Assets
📋
$547K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.2%
Year-over-year change (2022 → 2023)
Net Margin
-2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.31
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$27,766,746$28,451,8844%$66,195,7233%
2022$27,715,9209%$29,547,0632%$64,508,68112%
2021$30,413,7438%$30,088,67526%$73,165,3777%
2020$28,239,5831%$23,945,47012%$68,112,78913%
2019$28,598,1787%$27,315,92816%$60,098,6878%
2018$26,757,2357%$23,580,9771%$55,765,7013%
2017$24,940,1979%$23,786,8503%$54,293,7458%
2016$22,804,53829%$23,075,93137%$50,297,2693%
2015$17,710,5374%$16,860,01714%$48,900,7526%
2014$17,079,31922%$14,766,7052%$46,039,1169%
2013$14,043,11324%$14,469,6302%$42,288,7363%
2012$18,523,90125%$14,701,1739%$40,923,03416%
2011$14,788,281$13,497,363$35,428,409

Frequently Asked Questions

What does Iron Works Tri-state Welfare Fund do?

Iron Works Tri-state Welfare Fund is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Iron Works Tri-state Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Iron Works Tri-state Welfare Fund has a score of 59/100 (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 Iron Works Tri-state Welfare Fund generate?

Iron Works Tri-state Welfare Fund reports $31.9M in annual revenue and holds $70.6M in total assets, based on IRS filings.

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Iron Works Tri-state Welfare Fund — Schaumburg, IL | GiveScope