J โ€” EmploymentEIN: 521252611ยท Ruling Year: 1989

Carpenters Local No 491 Health And Welfare Fund

Sparks, Maryland

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

๐Ÿ’ฐ
$5.3M
Total Revenue
๐Ÿ“Š
$4.2M
Total Expenses
๐Ÿฆ
$7.9M
Net Assets
๐Ÿ“‹
$880K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+19.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.87
Net assets divided by total expenses
Liabilities-to-Assets
10.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$5,293,842โ†‘13%$4,246,437โ†‘6%$8,802,349โ†‘20%
2022$4,664,455โ†‘99%$3,992,635โ†‘6%$7,334,835โ†“2%
2021$2,341,913โ†‘31%$3,754,776โ†“27%$7,500,267โ†“13%
2020$1,786,011โ†“70%$5,120,551โ†“2%$8,594,456โ†“18%
2018$6,047,984โ†“1%$5,233,599โ†‘11%$10,522,111โ†‘4%
2017$6,098,460โ†“2%$4,709,699$10,164,092โ†‘22%
2016$6,230,552โ†‘15%$4,706,561โ†‘9%$8,350,267โ†‘23%
2015$5,410,771โ†‘7%$4,334,499โ†“9%$6,801,589โ†‘19%
2014$5,054,266โ†‘8%$4,778,679โ†‘8%$5,714,409โ†‘12%
2013$4,695,647โ†‘9%$4,435,815โ†“9%$5,096,324โ†‘7%
2012$4,303,116โ†“3%$4,873,043โ†‘14%$4,745,818โ†“7%
2011$4,441,280$4,261,296$5,082,537

Frequently Asked Questions

What does Carpenters Local No 491 Health And Welfare Fund do?โ–ผ

Carpenters Local No 491 Health And Welfare Fund is a employment nonprofit organization based in Maryland. It is classified under NTEE code J40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carpenters Local No 491 Health And Welfare Fund financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Carpenters Local No 491 Health And 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 Carpenters Local No 491 Health And Welfare Fund generate?โ–ผ

Carpenters Local No 491 Health And Welfare Fund reports $5.6M in annual revenue and holds $9.8M in total assets, based on IRS filings.

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Carpenters Local No 491 Health And Welfare Fund โ€” Sparks, MD | GiveScope