Y — Mutual & Membership BenefitEIN: 463415861· Ruling Year: 2015

Ibew Local 613 & Contributing Employers Retiree Health Fund

Atlanta, Georgia

BHealth Score
61B

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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.57×
Peer Median29.60×
💰
$1.2M
Total Revenue
📊
$2.1M
Total Expenses
🏦
$3.2M
Net Assets
📋
$3K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+209.8%
Year-over-year change (2022 → 2023)
Net Margin
-77.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.57
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$1,156,947↑210%$2,054,904↑14%$3,231,028↓21%
2022$373,415↑70%$1,810,065↑11%$4,106,801↓26%
2021$220,272↓42%$1,627,673↓3%$5,564,608↓20%
2020$382,764↓11%$1,682,445↑7%$6,976,263↓16%
2019$431,324↓80%$1,565,349↑15%$8,273,274↓12%
2018$2,121,488↓41%$1,357,038↓14%$9,409,725↑9%
2017$3,566,252↑3%$1,568,863↓25%$8,640,225↑30%
2016$3,454,531$2,094,941↑1%$6,662,300↑24%
2015$3,462,621↓26%$2,068,627↑138%$5,370,852
2014$4,688,123$867,739$5,375,819

Frequently Asked Questions

What does Ibew Local 613 & Contributing Employers Retiree Health Fund do?▼

Ibew Local 613 & Contributing Employers Retiree Health Fund is a mutual & membership benefit nonprofit organization based in Georgia. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ibew Local 613 & Contributing Employers Retiree Health Fund financially healthy?▼

Based on our 9-metric Financial Health Score model, Ibew Local 613 & Contributing Employers Retiree Health Fund has a score of 61/100 (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 Ibew Local 613 & Contributing Employers Retiree Health Fund generate?▼

Ibew Local 613 & Contributing Employers Retiree Health Fund reports $3.0M in annual revenue and holds $5.2M in total assets, based on IRS filings.

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