Ohio Carpenters Health Fund

Troy, Michigan

B+Health Score
70B+

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 75 peers in Mutual & Membership Benefit with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.05×
Peer Median0.49×
💰
$150.6M
Total Revenue
📊
$147.3M
Total Expenses
🏦
$154.8M
Net Assets
📋
$7.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.2%
Year-over-year change (2022 → 2023)
Net Margin
+2.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.05
Net assets divided by total expenses
Liabilities-to-Assets
4.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$150,596,1717%$147,297,83912%$162,421,5042%
2022$140,525,9242%$132,001,6563%$159,685,1531%
2021$138,078,4215%$128,318,8519%$161,138,11010%
2020$144,946,1534%$141,450,799$145,853,3114%
2019$139,658,9428%$141,959,0147%$139,693,2422%
2018$128,733,4046%$132,267,6411%$141,898,0073%
2017$121,998,0851%$134,127,7225%$146,790,6878%
2016$120,491,2102%$141,611,89416%$158,808,99313%
2015$122,595,4999%$121,930,41819%$181,978,9072%
2014$112,343,0891%$102,769,02811%$185,852,4283%
2013$111,541,8035%$115,352,68215%$180,673,2576%
2012$117,465,35523%$100,709,71221%$192,275,17434%
2011$95,399,113$82,962,068$143,545,496

Frequently Asked Questions

What does Ohio Carpenters Health Fund do?

Ohio Carpenters Health Fund is a mutual & membership benefit nonprofit organization based in Michigan. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ohio Carpenters Health Fund financially healthy?

Based on our 9-metric Financial Health Score model, Ohio Carpenters Health Fund has a score of 70/100 (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 Ohio Carpenters Health Fund generate?

Ohio Carpenters Health Fund reports $158.4M in annual revenue and holds $171.4M in total assets, based on IRS filings.

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