National Hockey League Players Health And Benefits Fund
NHL Players Health And Benefits Fund consistently dedicates 95% of expenses to programs with zero officer compensation.
EIN: 20758876 · Pittsburgh, PA · NTEE: Y44 · Updated: 2026-03-28
Is National Hockey League Players Health And Benefits Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Hockey League Players Health And Benefits Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Hockey League Players Health And Benefits Fund
National Hockey League Players Health And Benefits Fund (EIN: 20758876) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code Y44. The organization reported total revenue of $60.8M and total assets of $52.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Hockey League Players Health And Benefits Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Hockey League Players Health And Benefits Fund is a major nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48.1M |
| Total Expenses | $44.5M |
| Surplus / Deficit | +$3.6M |
| Total Assets | $51.7M |
| Total Liabilities | $5.6M |
| Net Assets | $46.1M |
| Operating Margin | 7.5% |
| Debt-to-Asset Ratio | 10.8% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2023, National Hockey League Players Health And Benefits Fund reported a surplus of $3.6M with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Hockey League Players Health And Benefits Fund's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.5% | +13.3% | +10.0% |
| 2022 | +1.0% | +20.0% | +15.0% |
| 2021 | +10.7% | -1.9% | +58.9% |
| 2020 | -2.6% | +0.9% | +41.4% |
| 2019 | +2.5% | -4.0% | +82.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates National Hockey League Players Health And Benefits Fund with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 4%
- programs: 95%
- fundraising: 1%
According to IRS 990 filings, National Hockey League Players Health And Benefits Fund allocates its expenses as follows: admin: 4%, programs: 95%, fundraising: 1%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.8%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led or externally managed executive structure, or that compensation is reported under other expense categories not specified as 'officer comp'.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of National Hockey League Players Health And Benefits Fund's IRS 990 filings:
- Consistent 0% officer compensation reported, which may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for National Hockey League Players Health And Benefits Fund:
- Exceptional program spending ratio (95% of expenses to programs in 202306).
- Strong and consistent revenue growth over the past decade, from $26.3M in 201406 to $48.1M in 202306.
- Significant growth in assets, from $2.3M in 201406 to $51.6M in 202306, indicating strong financial management and stability.
- Very low administrative and fundraising costs, demonstrating operational efficiency.
- Consistent IRS 990 filings, indicating good transparency and compliance.
Frequently Asked Questions about National Hockey League Players Health And Benefits Fund
Is National Hockey League Players Health And Benefits Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, National Hockey League Players Health And Benefits Fund (EIN: 20758876) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does National Hockey League Players Health And Benefits Fund spend its money?
National Hockey League Players Health And Benefits Fund directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Hockey League Players Health And Benefits Fund tax-deductible?
National Hockey League Players Health And Benefits Fund is registered as a tax-exempt nonprofit (EIN: 20758876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the National Hockey League Players Health And Benefits Fund a good charity?
Based on its financial data, the fund appears to be a very good charity, demonstrating exceptional program spending efficiency (95% of expenses to programs) and strong financial growth.
How has the organization's financial health changed over time?
The organization has shown significant financial growth, with revenue increasing from $26,346,524 in 201406 to $48,149,033 in 202306, and assets growing from $2,365,994 to $51,699,552 in the same period, indicating robust financial health and asset accumulation.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, suggesting that executive leadership is either unpaid, compensated through other means not categorized as 'officer comp', or provided by an external entity.
Filing History
IRS 990 filing history for National Hockey League Players Health And Benefits Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Hockey League Players Health And Benefits Fund's revenue has grown by 203.4%, moving from $15.9M to $48.1M. Total assets increased by 412% over the same period, from $10.1M to $51.7M. Total functional expenses rose by 188.4%, from $15.4M to $44.5M. In its most recent filing year (2023), National Hockey League Players Health And Benefits Fund reported a surplus of $3.6M, with revenue exceeding expenses. The organization holds $5.6M in liabilities against $51.7M in assets (debt-to-asset ratio: 10.8%), resulting in net assets of $46.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48.1M | $44.5M | $51.7M | $5.6M | — | View 990 |
| 2022 | $45.2M | $39.3M | $47.0M | $4.1M | — | View 990 |
| 2021 | $44.8M | $32.7M | $40.9M | $3.7M | — | View 990 |
| 2020 | $40.5M | $33.4M | $25.7M | $602K | — | — |
| 2019 | $41.5M | $33.1M | $18.2M | $144K | — | View 990 |
| 2018 | $40.5M | $34.4M | $10.0M | $349K | — | View 990 |
| 2017 | $37.9M | $36.5M | $7.6M | $4.0M | — | — |
| 2016 | $35.3M | $33.9M | $2.5M | $280K | — | View 990 |
| 2015 | $28.0M | $28.6M | $2.4M | $5.5M | — | View 990 |
| 2014 | $26.3M | $30.3M | $2.4M | $5.9M | — | View 990 |
| 2013 | $16.0M | $20.5M | $2.9M | $4.0M | — | View 990 |
| 2012 | $15.3M | $18.9M | $7.6M | $4.2M | — | View 990 |
| 2011 | $15.9M | $15.4M | $10.1M | $3.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48.1M, expenses of $44.5M, and assets of $51.7M (revenue +6.5% year-over-year).
- 2022: Revenue of $45.2M, expenses of $39.3M, and assets of $47.0M (revenue +1.0% year-over-year).
- 2021: Revenue of $44.8M, expenses of $32.7M, and assets of $40.9M (revenue +10.7% year-over-year).
- 2020: Revenue of $40.5M, expenses of $33.4M, and assets of $25.7M (revenue -2.6% year-over-year).
- 2019: Revenue of $41.5M, expenses of $33.1M, and assets of $18.2M (revenue +2.5% year-over-year).
- 2018: Revenue of $40.5M, expenses of $34.4M, and assets of $10.0M (revenue +7.0% year-over-year).
- 2017: Revenue of $37.9M, expenses of $36.5M, and assets of $7.6M (revenue +7.3% year-over-year).
- 2016: Revenue of $35.3M, expenses of $33.9M, and assets of $2.5M (revenue +25.8% year-over-year).
- 2015: Revenue of $28.0M, expenses of $28.6M, and assets of $2.4M (revenue +6.4% year-over-year).
- 2014: Revenue of $26.3M, expenses of $30.3M, and assets of $2.4M (revenue +65.0% year-over-year).
- 2013: Revenue of $16.0M, expenses of $20.5M, and assets of $2.9M (revenue +4.1% year-over-year).
- 2012: Revenue of $15.3M, expenses of $18.9M, and assets of $7.6M (revenue -3.3% year-over-year).
- 2011: Revenue of $15.9M, expenses of $15.4M, and assets of $10.1M.
Data Sources and Methodology
This transparency report for National Hockey League Players Health And Benefits 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.