YMutual & Membership BenefitEIN: 466220670· Ruling Year: 2015

Gig Harbor Firefighters Union Health & Welfare Tr

Gig Harbor, Washington

A-Health Score
84A-

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.56×
Peer Median29.60×
💰
$4.9M
Total Revenue
📊
$3.8M
Total Expenses
🏦
$9.6M
Net Assets
📋
$247K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.5%
Year-over-year change (2022 → 2023)
Net Margin
+22.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.56
Net assets divided by total expenses
Liabilities-to-Assets
2.5%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$4,851,77312%$3,766,5119%$9,881,24311%
2022$4,314,59613%$4,128,63542%$8,874,0691%
2021$3,802,45014%$2,914,24930%$8,971,67211%
2020$3,347,8105%$2,239,24214%$8,101,86515%
2019$3,514,87223%$1,965,2936%$7,021,85328%
2018$2,863,8663%$2,098,8473%$5,481,18815%
2017$2,964,2925%$2,158,7587%$4,783,46319%
2016$2,834,40218%$2,024,3995%$4,014,62127%
2015$2,406,06721%$2,137,16831%$3,156,295427%
2014$1,982,199$1,635,890$599,394

Frequently Asked Questions

What does Gig Harbor Firefighters Union Health & Welfare Tr do?

Gig Harbor Firefighters Union Health & Welfare Tr is a mutual & membership benefit nonprofit organization based in Washington. It is classified under NTEE code Y44 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Gig Harbor Firefighters Union Health & Welfare Tr financially healthy?

Based on our 9-metric Financial Health Score model, Gig Harbor Firefighters Union Health & Welfare Tr has a score of 84/100 (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 Gig Harbor Firefighters Union Health & Welfare Tr generate?

Gig Harbor Firefighters Union Health & Welfare Tr reports $4.8M in annual revenue and holds $11.5M in total assets, based on IRS filings.

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