Heating Piping & Refrigeration Medical Fund
EIN: 530207840 · Capitol Hgts, MD
| Metric | Value |
|---|---|
| Total Revenue | $169.7M |
| Total Expenses | $76.4M |
| Net Assets | $125.0M |
Is Heating Piping & Refrigeration Medical Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heating Piping & Refrigeration Medical Fund
Heating Piping & Refrigeration Medical Fund (EIN: 530207840) is a nonprofit organization based in Capitol Hgts, MD. The organization reported total revenue of $169.7M and total assets of $181.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heating Piping & Refrigeration Medical Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heating Piping & Refrigeration Medical Fund is a major nonprofit that has been operating for 75 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79.5M |
| Total Expenses | $76.4M |
| Surplus / Deficit | +$3.1M |
| Total Assets | $125.6M |
| Total Liabilities | $646K |
| Net Assets | $125.0M |
| Operating Margin | 3.9% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 19.7 months |
Financial Health Grade: A
In 2023, Heating Piping & Refrigeration Medical Fund reported a surplus of $3.1M with revenue exceeding expenses, holds 19.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heating Piping & Refrigeration Medical Fund's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | +15.6% | +10.0% |
| 2022 | +3.0% | +3.7% | +0.0% |
| 2021 | +4.3% | +8.6% | +13.7% |
| 2020 | +0.9% | -7.6% | +21.8% |
| 2019 | +7.0% | +6.5% | +12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1951 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heating Piping & Refrigeration Medical Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Heating Piping & Refrigeration Medical Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Heating Piping & Refrigeration Medical Fund
Is Heating Piping & Refrigeration Medical Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Heating Piping & Refrigeration Medical Fund (EIN: 530207840) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heating Piping & Refrigeration Medical Fund spend its money?
Detailed spending breakdown data is not yet available for Heating Piping & Refrigeration Medical Fund. Check back for updated IRS 990 analysis.
Are donations to Heating Piping & Refrigeration Medical Fund tax-deductible?
Heating Piping & Refrigeration Medical Fund is registered as a tax-exempt nonprofit (EIN: 530207840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heating Piping & Refrigeration Medical Fund located?
Heating Piping & Refrigeration Medical Fund is headquartered in Capitol Hgts, Maryland and files with the IRS under EIN 530207840.
How many years of IRS 990 filings does Heating Piping & Refrigeration Medical Fund have?
Heating Piping & Refrigeration Medical Fund has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $169.7M in total revenue.
Filing History
IRS 990 filing history for Heating Piping & Refrigeration Medical Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heating Piping & Refrigeration Medical Fund's revenue has grown by 97%, moving from $40.4M to $79.5M. Total assets increased by 206.2% over the same period, from $41.0M to $125.6M. Total functional expenses rose by 95%, from $39.2M to $76.4M. In its most recent filing year (2023), Heating Piping & Refrigeration Medical Fund reported a surplus of $3.1M, with revenue exceeding expenses. The organization holds $646K in liabilities against $125.6M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $125.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79.5M | $76.4M | $125.6M | $646K | — | — |
| 2022 | $76.3M | $66.1M | $114.2M | $424K | — | View 990 |
| 2021 | $74.1M | $63.8M | $114.2M | $987K | — | View 990 |
| 2020 | $71.1M | $58.7M | $100.4M | $599K | — | — |
| 2019 | $70.4M | $63.5M | $82.4M | $578K | — | — |
| 2018 | $65.8M | $59.6M | $73.1M | $305K | — | View 990 |
| 2017 | $64.6M | $55.9M | $68.6M | $1.2M | — | View 990 |
| 2016 | $57.8M | $46.5M | $62.8M | $4.1M | — | View 990 |
| 2015 | $52.8M | $44.2M | $48.2M | $591K | — | View 990 |
| 2014 | $48.9M | $43.4M | $39.8M | $697K | — | View 990 |
| 2013 | $41.1M | $45.6M | $34.2M | $629K | — | View 990 |
| 2012 | $41.0M | $43.0M | $38.8M | $98K | — | View 990 |
| 2011 | $40.4M | $39.2M | $41.0M | $632K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79.5M, expenses of $76.4M, and assets of $125.6M (revenue +4.1% year-over-year).
- 2022: Revenue of $76.3M, expenses of $66.1M, and assets of $114.2M (revenue +3.0% year-over-year).
- 2021: Revenue of $74.1M, expenses of $63.8M, and assets of $114.2M (revenue +4.3% year-over-year).
- 2020: Revenue of $71.1M, expenses of $58.7M, and assets of $100.4M (revenue +0.9% year-over-year).
- 2019: Revenue of $70.4M, expenses of $63.5M, and assets of $82.4M (revenue +7.0% year-over-year).
- 2018: Revenue of $65.8M, expenses of $59.6M, and assets of $73.1M (revenue +1.7% year-over-year).
- 2017: Revenue of $64.6M, expenses of $55.9M, and assets of $68.6M (revenue +11.9% year-over-year).
- 2016: Revenue of $57.8M, expenses of $46.5M, and assets of $62.8M (revenue +9.4% year-over-year).
- 2015: Revenue of $52.8M, expenses of $44.2M, and assets of $48.2M (revenue +8.1% year-over-year).
- 2014: Revenue of $48.9M, expenses of $43.4M, and assets of $39.8M (revenue +18.9% year-over-year).
- 2013: Revenue of $41.1M, expenses of $45.6M, and assets of $34.2M (revenue +0.3% year-over-year).
- 2012: Revenue of $41.0M, expenses of $43.0M, and assets of $38.8M (revenue +1.5% year-over-year).
- 2011: Revenue of $40.4M, expenses of $39.2M, and assets of $41.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heating Piping & Refrigeration Medical Fund:
Data Sources and Methodology
This transparency report for Heating Piping & Refrigeration Medical Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.