Uce Of Fit Welfare Trust Fund
Uce Of Fit Welfare Trust Fund consistently operates with minor deficits and no reported officer compensation.
EIN: 133560260 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.8M |
| Total Expenses | $5.1M |
| Program Spending | 85% |
| Net Assets | $4.4M |
| Transparency Score | 75/100 |
Is Uce Of Fit Welfare Trust Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Uce Of Fit Welfare Trust Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Uce Of Fit Welfare Trust Fund
Uce Of Fit Welfare Trust Fund (EIN: 133560260) is a nonprofit organization based in New York, NY. The organization reported total revenue of $6.8M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Uce Of Fit Welfare Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Uce Of Fit Welfare Trust Fund is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $5.1M |
| Surplus / Deficit | $-142,824 |
| Total Assets | $4.4M |
| Total Liabilities | $74K |
| Net Assets | $4.4M |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 10.4 months |
Financial Health Grade: B
In 2023, Uce Of Fit Welfare Trust Fund reported a deficit of $143K with expenses exceeding revenue, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Uce Of Fit Welfare Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.7% | -3.6% | -2.3% |
| 2022 | -4.8% | +10.7% | -15.3% |
| 2021 | +1.2% | -9.7% | +14.5% |
| 2020 | -8.2% | -12.6% | +4.9% |
| 2019 | +2.5% | +17.7% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Uce Of Fit Welfare Trust Fund with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Uce Of Fit Welfare Trust Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $143K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for resource allocation.
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 Uce Of Fit Welfare Trust Fund's IRS 990 filings:
- Frequent operational deficits (e.g., 2023 expenses $5,129,114 vs. revenue $4,986,290)
- NTEE code is unknown, making it difficult to assess mission alignment without further information
Strengths
The following positive indicators were identified for Uce Of Fit Welfare Trust Fund:
- Consistent reporting of 0% officer compensation across all filings
- Stable asset base over the past decade, reaching $4,437,530 in 2023
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance
- Relatively stable revenue streams over the past decade, generally between $4.1M and $6.1M
Frequently Asked Questions about Uce Of Fit Welfare Trust Fund
Is Uce Of Fit Welfare Trust Fund a legitimate charity?
Uce Of Fit Welfare Trust Fund (EIN: 133560260) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.8M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Uce Of Fit Welfare Trust Fund spend its money?
Uce Of Fit Welfare Trust Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Uce Of Fit Welfare Trust Fund tax-deductible?
Uce Of Fit Welfare Trust Fund is registered as a tax-exempt nonprofit (EIN: 133560260). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Uce Of Fit Welfare Trust Fund's spending goes to programs?
Uce Of Fit Welfare Trust Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Uce Of Fit Welfare Trust Fund located?
Uce Of Fit Welfare Trust Fund is headquartered in New York, New York and files with the IRS under EIN 133560260.
How many years of IRS 990 filings does Uce Of Fit Welfare Trust Fund have?
Uce Of Fit Welfare Trust 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 $6.8M in total revenue.
How does Uce Of Fit Welfare Trust Fund cover its operational deficits?
The organization frequently reports expenses exceeding revenue, such as in 2023 where expenses were $5,129,114 against revenues of $4,986,290. These deficits are likely covered by drawing from its asset base, which stood at $4,437,530 in 2023, or through other unrestricted funds.
What is the primary purpose of Uce Of Fit Welfare Trust Fund given its NTEE code is unknown?
Without the NTEE code, the specific mission is unclear. However, the name 'Welfare Trust Fund' suggests it likely provides benefits or services to a specific group, possibly related to employee welfare or community support.
What are the specific program activities funded by the organization?
The provided data does not detail specific program activities. Further investigation into the full IRS 990 forms would be necessary to understand how the majority of its expenses are allocated to programs.
Filing History
IRS 990 filing history for Uce Of Fit Welfare Trust Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Uce Of Fit Welfare Trust Fund's revenue has grown by 23%, moving from $4.1M to $5.0M. Total assets decreased by 26% over the same period, from $6.0M to $4.4M. Total functional expenses rose by 43.2%, from $3.6M to $5.1M. In its most recent filing year (2023), Uce Of Fit Welfare Trust Fund reported a deficit of $143K, with expenses exceeding revenue. The organization holds $74K in liabilities against $4.4M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $5.1M | $4.4M | $74K | — | — |
| 2022 | $5.2M | $5.3M | $4.5M | $122K | — | — |
| 2021 | $5.4M | $4.8M | $5.4M | $220K | — | View 990 |
| 2020 | $5.4M | $5.3M | $4.7M | $213K | — | View 990 |
| 2019 | $5.9M | $6.1M | $4.5M | $168K | — | View 990 |
| 2018 | $5.7M | $5.2M | $4.6M | $108K | — | View 990 |
| 2017 | $5.1M | $4.9M | $4.3M | $300K | — | — |
| 2016 | $4.8M | $4.7M | $3.9M | $180K | — | View 990 |
| 2015 | $4.4M | $4.4M | $3.9M | $180K | — | View 990 |
| 2014 | $4.1M | $5.0M | $3.9M | $49K | — | View 990 |
| 2013 | $4.0M | $4.8M | $4.9M | $78K | — | View 990 |
| 2012 | $3.9M | $4.4M | $5.7M | $54K | — | View 990 |
| 2011 | $4.1M | $3.6M | $6.0M | $77K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $5.1M, and assets of $4.4M (revenue -3.7% year-over-year).
- 2022: Revenue of $5.2M, expenses of $5.3M, and assets of $4.5M (revenue -4.8% year-over-year).
- 2021: Revenue of $5.4M, expenses of $4.8M, and assets of $5.4M (revenue +1.2% year-over-year).
- 2020: Revenue of $5.4M, expenses of $5.3M, and assets of $4.7M (revenue -8.2% year-over-year).
- 2019: Revenue of $5.9M, expenses of $6.1M, and assets of $4.5M (revenue +2.5% year-over-year).
- 2018: Revenue of $5.7M, expenses of $5.2M, and assets of $4.6M (revenue +11.5% year-over-year).
- 2017: Revenue of $5.1M, expenses of $4.9M, and assets of $4.3M (revenue +7.0% year-over-year).
- 2016: Revenue of $4.8M, expenses of $4.7M, and assets of $3.9M (revenue +9.8% year-over-year).
- 2015: Revenue of $4.4M, expenses of $4.4M, and assets of $3.9M (revenue +5.5% year-over-year).
- 2014: Revenue of $4.1M, expenses of $5.0M, and assets of $3.9M (revenue +2.6% year-over-year).
- 2013: Revenue of $4.0M, expenses of $4.8M, and assets of $4.9M (revenue +3.6% year-over-year).
- 2012: Revenue of $3.9M, expenses of $4.4M, and assets of $5.7M (revenue -4.1% year-over-year).
- 2011: Revenue of $4.1M, expenses of $3.6M, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Uce Of Fit Welfare Trust Fund:
Data Sources and Methodology
This transparency report for Uce Of Fit Welfare Trust 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.