ZUnclassifiedEIN: 376031467· Ruling Year: 1963

Laborers Local 231 Health & Welfare Fund

Pekin, Illinois

A-Health Score
75A-

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)

This Org2.88×
Peer Median15.40×
💰
$6.9M
Total Revenue
📊
$6.3M
Total Expenses
🏦
$18.0M
Net Assets
📋
$782K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+20.0%
Year-over-year change (2022 → 2023)
Net Margin
+8.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.88
Net assets divided by total expenses
Liabilities-to-Assets
4.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,862,44120%$6,255,6716%$18,801,9309%
2022$5,718,1056%$5,883,8034255%$17,194,2108%
2021$6,086,85711%-$141,617103%$18,676,2998%
2020$5,502,8626%$5,640,6161%$17,316,93110%
2019$5,204,8158%$5,685,35928%$15,785,5287%
2018$4,812,4026%$4,435,1211%$14,804,2863%
2017$4,542,05716%$4,393,79710%$14,420,2931%
2016$5,375,85014%$4,872,81279%$14,218,13713%
2015$4,702,2559%$2,717,90852%$12,597,0482%
2014$5,188,13612%$5,643,70269%$12,319,1528%
2013$4,639,20031%$3,330,56211%$11,373,89818%
2012$3,541,9488%$3,743,7103%$9,608,0721%
2011$3,867,366$3,643,057$9,557,712

Frequently Asked Questions

What does Laborers Local 231 Health & Welfare Fund do?

Laborers Local 231 Health & 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 Laborers Local 231 Health & Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Laborers Local 231 Health & Welfare Fund has a score of 75/100 (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 Laborers Local 231 Health & Welfare Fund generate?

Laborers Local 231 Health & Welfare Fund reports $7.8M in annual revenue and holds $21.5M in total assets, based on IRS filings.

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