Laborers Philadelphia Area Local Health & Safety Fund
EIN: 233052497 · Philadelphia, PA · NTEE: J40
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.3M |
| Net Assets | $4.3M |
Is Laborers Philadelphia Area Local Health & Safety Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Laborers Philadelphia Area Local Health & Safety Fund
Laborers Philadelphia Area Local Health & Safety Fund (EIN: 233052497) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code J40. The organization reported total revenue of $2.3M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laborers Philadelphia Area Local Health & Safety Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laborers Philadelphia Area Local Health & Safety Fund is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$823K |
| Total Assets | $4.6M |
| Total Liabilities | $336K |
| Net Assets | $4.3M |
| Operating Margin | 38.9% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 42.7 months |
Financial Health Grade: A
In 2023, Laborers Philadelphia Area Local Health & Safety Fund reported a surplus of $823K with revenue exceeding expenses, holds 42.7 months of operating reserves (strong position), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Laborers Philadelphia Area Local Health & Safety Fund's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.5% | +35.6% | +25.7% |
| 2022 | +18.1% | +19.9% | +54.8% |
| 2021 | +17.7% | -42.6% | +46.8% |
| 2020 | +71.0% | +41.0% | +39.8% |
| 2019 | +28.8% | +10.9% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Laborers Philadelphia Area Local Health & Safety 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 Laborers Philadelphia Area Local Health & Safety 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 $823K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.3%.
Frequently Asked Questions about Laborers Philadelphia Area Local Health & Safety Fund
Is Laborers Philadelphia Area Local Health & Safety Fund a legitimate charity?
Laborers Philadelphia Area Local Health & Safety Fund (EIN: 233052497) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. Financial health grade: A.
How does Laborers Philadelphia Area Local Health & Safety Fund spend its money?
Laborers Philadelphia Area Local Health & Safety Fund reported $2.3M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Laborers Philadelphia Area Local Health & Safety Fund tax-deductible?
Laborers Philadelphia Area Local Health & Safety Fund is registered as a tax-exempt nonprofit (EIN: 233052497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Laborers Philadelphia Area Local Health & Safety Fund located?
Laborers Philadelphia Area Local Health & Safety Fund is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 233052497. It is classified under NTEE code J40.
How many years of IRS 990 filings does Laborers Philadelphia Area Local Health & Safety Fund have?
Laborers Philadelphia Area Local Health & Safety 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for Laborers Philadelphia Area Local Health & Safety Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Laborers Philadelphia Area Local Health & Safety Fund's revenue has grown by 284.7%, moving from $550K to $2.1M. Total assets increased by 1022.5% over the same period, from $411K to $4.6M. Total functional expenses rose by 167.8%, from $483K to $1.3M. In its most recent filing year (2023), Laborers Philadelphia Area Local Health & Safety Fund reported a surplus of $823K, with revenue exceeding expenses. The organization holds $336K in liabilities against $4.6M in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.3M | $4.6M | $336K | — | View 990 |
| 2022 | $2.3M | $955K | $3.7M | $216K | — | View 990 |
| 2021 | $1.9M | $796K | $2.4M | $250K | — | — |
| 2020 | $1.6M | $1.4M | $1.6M | $635K | — | — |
| 2019 | $963K | $983K | $1.2M | $437K | — | View 990 |
| 2018 | $747K | $886K | $1.2M | $420K | — | View 990 |
| 2017 | $745K | $712K | $1.2M | $333K | — | View 990 |
| 2016 | $813K | $762K | $1.1M | $256K | — | View 990 |
| 2015 | $643K | $551K | $954K | $162K | — | View 990 |
| 2014 | $599K | $487K | $701K | $347 | — | View 990 |
| 2013 | $598K | $439K | $589K | $0 | — | View 990 |
| 2012 | $606K | $587K | $430K | $0 | — | View 990 |
| 2011 | $550K | $483K | $411K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.3M, and assets of $4.6M (revenue -7.5% year-over-year).
- 2022: Revenue of $2.3M, expenses of $955K, and assets of $3.7M (revenue +18.1% year-over-year).
- 2021: Revenue of $1.9M, expenses of $796K, and assets of $2.4M (revenue +17.7% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.4M, and assets of $1.6M (revenue +71.0% year-over-year).
- 2019: Revenue of $963K, expenses of $983K, and assets of $1.2M (revenue +28.8% year-over-year).
- 2018: Revenue of $747K, expenses of $886K, and assets of $1.2M (revenue +0.3% year-over-year).
- 2017: Revenue of $745K, expenses of $712K, and assets of $1.2M (revenue -8.3% year-over-year).
- 2016: Revenue of $813K, expenses of $762K, and assets of $1.1M (revenue +26.5% year-over-year).
- 2015: Revenue of $643K, expenses of $551K, and assets of $954K (revenue +7.3% year-over-year).
- 2014: Revenue of $599K, expenses of $487K, and assets of $701K (revenue +0.3% year-over-year).
- 2013: Revenue of $598K, expenses of $439K, and assets of $589K (revenue -1.4% year-over-year).
- 2012: Revenue of $606K, expenses of $587K, and assets of $430K (revenue +10.1% year-over-year).
- 2011: Revenue of $550K, expenses of $483K, and assets of $411K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laborers Philadelphia Area Local Health & Safety Fund:
Data Sources and Methodology
This transparency report for Laborers Philadelphia Area Local Health & Safety 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.