United Health And Welfare Fund
United Health And Welfare Fund shows consistent revenue growth and zero liabilities in recent filings.
EIN: 134068389 · New York, NY · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $527K |
| Transparency Score | 85/100 |
Is United Health And Welfare Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Health And Welfare Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Health And Welfare Fund
United Health And Welfare Fund (EIN: 134068389) is a nonprofit organization based in New York, NY, classified under NTEE code Y43. The organization reported total revenue of $1.9M and total assets of $527K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Health And Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Health And Welfare Fund is a mid-size nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$157K |
| Total Assets | $527K |
| Net Assets | $527K |
| Operating Margin | 8.2% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2024, United Health And Welfare Fund reported a surplus of $157K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2012–2024), United Health And Welfare Fund's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.6% | +25.8% | +42.4% |
| 2023 | +12.5% | -1.7% | +61.3% |
| 2022 | +9.3% | +10.4% | +14.8% |
| 2021 | +1.1% | -7.8% | +12.6% |
| 2020 | -7.2% | -9.2% | +43.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Health And Welfare 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 Health And Welfare 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $157K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the 990 form, which is highly unusual for an organization with nearly $2 million in annual revenue.
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 Health And Welfare Fund's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for United Health And Welfare Fund:
- Consistent revenue growth, from $1,336,737 in 202106 to $1,916,641 in 202406.
- Strong asset growth, from $199,630 in 202106 to $526,649 in 202406.
- Zero reported liabilities in the latest two filing periods (202306 and 202406), indicating excellent financial solvency.
- Expenses consistently below revenue in recent years, leading to a healthy surplus and asset accumulation.
- High program spending ratio, as implied by the absence of reported fundraising or officer compensation, suggesting a focus on mission-related activities.
Frequently Asked Questions about United Health And Welfare Fund
Is United Health And Welfare Fund a legitimate charity?
United Health And Welfare Fund (EIN: 134068389) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.9M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does United Health And Welfare Fund spend its money?
United Health And Welfare Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to United Health And Welfare Fund tax-deductible?
United Health And Welfare Fund is registered as a tax-exempt nonprofit (EIN: 134068389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the United Health And Welfare Fund CEO make?
United Health And Welfare Fund's highest-compensated officer earns $2 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does United Health And Welfare Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), United Health And Welfare Fund is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is United Health And Welfare Fund located?
United Health And Welfare Fund is headquartered in New York, New York and files with the IRS under EIN 134068389. It is classified under NTEE code Y43.
How many years of IRS 990 filings does United Health And Welfare Fund have?
United Health And Welfare Fund has 12 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 $1.9M in total revenue.
Is United Health And Welfare Fund a good charity?
Based on its financial health, consistent revenue growth, and zero reported liabilities in recent years, it appears to be a financially stable organization. The lack of reported officer compensation is a unique characteristic that could be viewed positively for efficiency, but also warrants further inquiry for complete understanding of its operational model.
How has the organization's financial health changed over time?
The organization has shown significant improvement in its financial health, particularly in recent years. Assets have grown from $24,237 in 201606 to $526,649 in 202406, and liabilities have been reduced to $0 in the latest two periods, indicating strong financial management and accumulation of reserves.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available filings. This suggests that its leadership may be entirely volunteer-based or compensated in a way not captured under 'officer compensation' on the 990, which is an unusual but potentially highly efficient model.
Does the organization have any debt?
No, in its latest two filings (202306 and 202406), United Health And Welfare Fund reported $0 in liabilities, indicating it is debt-free during these periods.
Filing History
IRS 990 filing history for United Health And Welfare Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), United Health And Welfare Fund's revenue has declined by 7.4%, moving from $2.1M to $1.9M. Total assets increased by 636.5% over the same period, from $72K to $527K. Total functional expenses fell by 17.5%, from $2.1M to $1.8M. In its most recent filing year (2024), United Health And Welfare Fund reported a surplus of $157K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.9M | $1.8M | $527K | $0 | — | View 990 |
| 2023 | $1.6M | $1.4M | $370K | $0 | — | — |
| 2022 | $1.5M | $1.4M | $229K | $105K | — | View 990 |
| 2021 | $1.3M | $1.3M | $200K | $115K | — | View 990 |
| 2020 | $1.3M | $1.4M | $177K | $140K | — | — |
| 2019 | $1.4M | $1.5M | $124K | $27K | — | View 990 |
| 2018 | $1.6M | $1.6M | $240K | $84K | — | View 990 |
| 2016 | $1.4M | $1.6M | $24K | $92K | — | View 990 |
| 2015 | $1.7M | $1.6M | $159K | $7K | — | View 990 |
| 2014 | $2.1M | $2.0M | $154K | $13K | — | View 990 |
| 2013 | $1.8M | $1.5M | $119K | $131K | — | View 990 |
| 2012 | $2.1M | $2.1M | $72K | $366K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.9M, expenses of $1.8M, and assets of $527K (revenue +16.6% year-over-year).
- 2023: Revenue of $1.6M, expenses of $1.4M, and assets of $370K (revenue +12.5% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $229K (revenue +9.3% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $200K (revenue +1.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $177K (revenue -7.2% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $124K (revenue -12.4% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $240K (revenue +15.7% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.6M, and assets of $24K (revenue -14.8% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.6M, and assets of $159K (revenue -22.3% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.0M, and assets of $154K (revenue +19.7% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.5M, and assets of $119K (revenue -14.3% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.1M, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Health And Welfare Fund:
Data Sources and Methodology
This transparency report for United Health And Welfare 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.