ZUnclassifiedEIN: 390855190· Ruling Year: 1958

Iron Workers 8 Welfare Fund

Oak Brook, Illinois

B+Health Score
73B+

Financial Health Score

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

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.17×
Peer Median5.86×
💰
$18.8M
Total Revenue
📊
$20.6M
Total Expenses
🏦
$44.7M
Net Assets
📋
$2.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.7%
Year-over-year change (2022 → 2023)
Net Margin
-9.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.17
Net assets divided by total expenses
Liabilities-to-Assets
5.2%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$18,782,5718%$20,642,23127%$47,199,3634%
2022$20,356,18525%$16,239,80122%$49,277,7277%
2021$16,246,9411%$13,326,6687%$52,730,19214%
2020$16,080,7083%$14,307,1605%$46,222,2469%
2019$16,547,1653%$13,675,06612%$42,577,9257%
2018$16,038,8871%$15,525,0846%$39,625,6664%
2017$16,257,1914%$14,641,61811%$38,127,3776%
2016$15,653,0937%$13,155,5154%$35,859,8499%
2015$14,584,9284%$12,621,01415%$32,951,6588%
2014$14,083,32422%$10,976,4856%$30,515,45815%
2013$11,568,2844%$11,652,1545%$26,441,5497%
2012$12,055,288$11,123,848$24,825,058

Frequently Asked Questions

What does Iron Workers 8 Welfare Fund do?

Iron Workers 8 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 Workers 8 Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Iron Workers 8 Welfare Fund has a score of 73/100 (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 Workers 8 Welfare Fund generate?

Iron Workers 8 Welfare Fund reports $21.2M in annual revenue and holds $51.2M in total assets, based on IRS filings.

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Iron Workers 8 Welfare Fund — Oak Brook, IL | GiveScope