United Crafts Benefit Fund
United Crafts Benefit Fund maintains substantial assets despite recent operating deficits.
EIN: 112252603 · Williston Pk, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $44.9M |
| Total Expenses | $30.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $114.7M |
| Transparency Score | 85/100 |
Is United Crafts Benefit Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Crafts Benefit Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Crafts Benefit Fund
United Crafts Benefit Fund (EIN: 112252603) is a nonprofit organization based in Williston Pk, NY. The organization reported total revenue of $44.9M and total assets of $116.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Crafts Benefit Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Crafts Benefit Fund is a large nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.5M |
| Total Expenses | $30.0M |
| Surplus / Deficit | $-5,479,923 |
| Total Assets | $118.1M |
| Total Liabilities | $3.4M |
| Net Assets | $114.7M |
| Operating Margin | -22.4% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 47.3 months |
Financial Health Grade: B
In 2023, United Crafts Benefit Fund reported a deficit of $5.5M with expenses exceeding revenue, holds 47.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), United Crafts Benefit Fund's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +5.4% | +1.9% |
| 2022 | -30.2% | -2.6% | -18.4% |
| 2021 | +39.2% | +36.6% | +2.1% |
| 2020 | -38.2% | -28.6% | +4.5% |
| 2019 | +47.4% | +29.5% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 United Crafts Benefit Fund with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, United Crafts Benefit Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $5.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of this size with assets exceeding $100 million.
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 United Crafts Benefit Fund's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 expenses $29.9M vs. revenue $24.4M)
- Lack of detailed spending breakdown (program, admin, fundraising) in provided data
- Unusually low (0%) officer compensation for an organization of this size, which might indicate compensation is reported differently or through related entities not captured here.
Strengths
The following positive indicators were identified for United Crafts Benefit Fund:
- Strong asset base, consistently over $100 million, providing financial resilience.
- Zero reported officer compensation, indicating a commitment to minimizing executive overhead.
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance and transparency.
Frequently Asked Questions about United Crafts Benefit Fund
Is United Crafts Benefit Fund a legitimate charity?
United Crafts Benefit Fund (EIN: 112252603) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $44.9M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does United Crafts Benefit Fund spend its money?
United Crafts Benefit Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to United Crafts Benefit Fund tax-deductible?
United Crafts Benefit Fund is registered as a tax-exempt nonprofit (EIN: 112252603). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the United Crafts Benefit Fund CEO make?
United Crafts Benefit Fund's highest-compensated officer earns $100 annually. The organization reported $44.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is United Crafts Benefit Fund located?
United Crafts Benefit Fund is headquartered in Williston Pk, New York and files with the IRS under EIN 112252603.
How many years of IRS 990 filings does United Crafts Benefit Fund have?
United Crafts Benefit 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 $44.9M in total revenue.
Is United Crafts Benefit Fund financially stable?
Yes, the organization appears financially stable, consistently holding over $100 million in assets, which significantly exceeds its annual expenses. For example, in 2023, assets were $118,081,842 against expenses of $29,954,009.
How does United Crafts Benefit Fund manage its expenses?
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent 0% officer compensation suggests a strong focus on minimizing executive overhead. However, in recent years (2022 and 2023), expenses have exceeded revenue, indicating a reliance on reserves or other income sources.
What is the trend in United Crafts Benefit Fund's revenue and expenses?
Revenue and expenses have fluctuated over the past decade. Revenue peaked at $35,535,229 in 2019 and $30,570,678 in 2021, while expenses peaked at $29,954,009 in 2023. There's a recent trend of expenses exceeding revenue in 2022 and 2023.
Filing History
IRS 990 filing history for United Crafts Benefit Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United Crafts Benefit Fund's revenue has grown by 52.7%, moving from $16.0M to $24.5M. Total assets increased by 36.2% over the same period, from $86.7M to $118.1M. Total functional expenses rose by 253.6%, from $8.5M to $30.0M. In its most recent filing year (2023), United Crafts Benefit Fund reported a deficit of $5.5M, with expenses exceeding revenue. The organization holds $3.4M in liabilities against $118.1M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $114.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.5M | $30.0M | $118.1M | $3.4M | — | View 990 |
| 2022 | $21.3M | $28.4M | $115.9M | $3.2M | — | View 990 |
| 2021 | $30.6M | $29.2M | $142.0M | $3.3M | — | View 990 |
| 2020 | $22.0M | $21.3M | $139.0M | $3.0M | — | — |
| 2019 | $35.5M | $29.9M | $133.0M | $3.3M | — | View 990 |
| 2018 | $24.1M | $23.1M | $123.7M | $2.7M | — | View 990 |
| 2017 | $23.4M | $20.1M | $129.7M | $2.5M | — | View 990 |
| 2016 | $20.9M | $19.1M | $119.2M | $2.5M | — | View 990 |
| 2015 | $20.8M | $17.0M | $115.4M | $2.5M | — | View 990 |
| 2014 | $22.1M | $17.1M | $114.8M | $2.1M | — | View 990 |
| 2013 | $20.7M | $13.5M | $108.2M | $1.3M | — | View 990 |
| 2012 | $20.8M | $10.5M | $98.9M | $1.2M | — | View 990 |
| 2011 | $16.0M | $8.5M | $86.7M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.5M, expenses of $30.0M, and assets of $118.1M (revenue +14.7% year-over-year).
- 2022: Revenue of $21.3M, expenses of $28.4M, and assets of $115.9M (revenue -30.2% year-over-year).
- 2021: Revenue of $30.6M, expenses of $29.2M, and assets of $142.0M (revenue +39.2% year-over-year).
- 2020: Revenue of $22.0M, expenses of $21.3M, and assets of $139.0M (revenue -38.2% year-over-year).
- 2019: Revenue of $35.5M, expenses of $29.9M, and assets of $133.0M (revenue +47.4% year-over-year).
- 2018: Revenue of $24.1M, expenses of $23.1M, and assets of $123.7M (revenue +3.2% year-over-year).
- 2017: Revenue of $23.4M, expenses of $20.1M, and assets of $129.7M (revenue +11.5% year-over-year).
- 2016: Revenue of $20.9M, expenses of $19.1M, and assets of $119.2M (revenue +0.7% year-over-year).
- 2015: Revenue of $20.8M, expenses of $17.0M, and assets of $115.4M (revenue -5.8% year-over-year).
- 2014: Revenue of $22.1M, expenses of $17.1M, and assets of $114.8M (revenue +6.4% year-over-year).
- 2013: Revenue of $20.7M, expenses of $13.5M, and assets of $108.2M (revenue -0.3% year-over-year).
- 2012: Revenue of $20.8M, expenses of $10.5M, and assets of $98.9M (revenue +29.8% year-over-year).
- 2011: Revenue of $16.0M, expenses of $8.5M, and assets of $86.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Crafts Benefit Fund:
Data Sources and Methodology
This transparency report for United Crafts Benefit 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.