United Health & Welfare Fund
United Health & Welfare Fund experiences recent deficits and declining assets despite consistent revenue streams.
EIN: 112482174 · Englewd Clfs, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.8M |
| Total Expenses | $7.8M |
| Program Spending | 85% |
| Net Assets | $-29,181 |
| Transparency Score | 80/100 |
Is United Health & 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 & Welfare Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Health & Welfare Fund
United Health & Welfare Fund (EIN: 112482174) is a nonprofit organization based in Englewd Clfs, NJ. The organization reported total revenue of $6.8M and total assets of $784K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Health & Welfare Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Health & Welfare Fund is a mid-size nonprofit that has been operating for 46 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.9M |
| Total Expenses | $7.8M |
| Surplus / Deficit | $-928,149 |
| Total Assets | $913K |
| Total Liabilities | $942K |
| Net Assets | $-29,181 |
| Operating Margin | -13.5% |
| Debt-to-Asset Ratio | 103.2% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2023, United Health & Welfare Fund reported a deficit of $928K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 103.2% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), United Health & Welfare Fund's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.1% | +4.6% | -56.7% |
| 2022 | -6.6% | -6.2% | +0.1% |
| 2021 | +4.9% | +10.7% | -15.6% |
| 2020 | +29.4% | +31.8% | +17.6% |
| 2019 | +28.4% | +26.1% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 & Welfare Fund with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, United Health & Welfare 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 $928K, with expenses exceeding revenue.
- Debt-to-asset ratio: 103.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly favorable for directing funds to programs.
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 & Welfare Fund's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., 2023 and 2022 filings)
- Significant decline in total assets from $2.49M in 2020 to $0.91M in 2023
- Increasing liabilities in recent years, peaking at $1.2M in 2022
Strengths
The following positive indicators were identified for United Health & Welfare Fund:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship regarding executive pay
- Historically strong revenue generation, consistently in the multi-million dollar range
- Long filing history (12 filings), suggesting established operations
Frequently Asked Questions about United Health & Welfare Fund
Is United Health & Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, United Health & Welfare Fund (EIN: 112482174) some concerns. Mission Score: 80/100. 3 red flags identified, 3 strengths noted.
How does United Health & Welfare Fund spend its money?
United Health & Welfare Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to United Health & Welfare Fund tax-deductible?
United Health & Welfare Fund is registered as a tax-exempt nonprofit (EIN: 112482174). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of United Health & Welfare Fund's spending goes to programs?
United Health & Welfare Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is United Health & Welfare Fund located?
United Health & Welfare Fund is headquartered in Englewd Clfs, New Jersey and files with the IRS under EIN 112482174.
How many years of IRS 990 filings does United Health & Welfare Fund have?
United Health & 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 $6.8M in total revenue.
What is the cause of the recent decline in assets and increase in liabilities?
The filings show a decrease in assets from $2,492,645 in 2020 to $912,632 in 2023, alongside an increase in liabilities from $1,015,012 to $941,813 (though liabilities were higher in 2022 at $1,207,910). This trend, coupled with expenses exceeding revenue in the last two reported periods, suggests the organization may be drawing down reserves or incurring debt to cover operational costs.
How does the organization cover its expenses when they exceed revenue, as seen in 2023 and 2022?
In 2023, expenses ($7,789,330) exceeded revenue ($6,861,181) by over $900,000. Similarly, in 2022, expenses ($7,448,091) exceeded revenue ($7,152,630). This gap is likely covered by drawing from accumulated assets or other unrestricted funds, which aligns with the observed decline in total assets.
What specific programs does United Health & Welfare Fund operate?
The provided data does not specify the exact programs or services offered by United Health & Welfare Fund. Further investigation into their public disclosures or website would be necessary to understand their programmatic activities.
Filing History
IRS 990 filing history for United Health & Welfare Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), United Health & Welfare Fund's revenue has grown by 138.7%, moving from $2.9M to $6.9M. Total assets decreased by 13.2% over the same period, from $1.1M to $913K. Total functional expenses rose by 156.5%, from $3.0M to $7.8M. In its most recent filing year (2023), United Health & Welfare Fund reported a deficit of $928K, with expenses exceeding revenue. The organization holds $942K in liabilities against $913K in assets (debt-to-asset ratio: 103.2%), resulting in net assets of $-29,181.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.9M | $7.8M | $913K | $942K | — | View 990 |
| 2022 | $7.2M | $7.4M | $2.1M | $1.2M | — | View 990 |
| 2021 | $7.7M | $7.9M | $2.1M | $910K | — | View 990 |
| 2020 | $7.3M | $7.2M | $2.5M | $1.0M | — | — |
| 2019 | $5.6M | $5.4M | $2.1M | $863K | — | View 990 |
| 2017 | $4.4M | $4.3M | $1.9M | $899K | — | View 990 |
| 2016 | $3.6M | $3.4M | $1.6M | $457K | — | View 990 |
| 2015 | $3.4M | $3.5M | $1.2M | $199K | — | View 990 |
| 2014 | $3.7M | $3.8M | $1.3M | $257K | — | View 990 |
| 2013 | $3.6M | $3.5M | $1.1M | $0 | — | View 990 |
| 2012 | $2.7M | $2.8M | $1.0M | $0 | — | View 990 |
| 2011 | $2.9M | $3.0M | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.9M, expenses of $7.8M, and assets of $913K (revenue -4.1% year-over-year).
- 2022: Revenue of $7.2M, expenses of $7.4M, and assets of $2.1M (revenue -6.6% year-over-year).
- 2021: Revenue of $7.7M, expenses of $7.9M, and assets of $2.1M (revenue +4.9% year-over-year).
- 2020: Revenue of $7.3M, expenses of $7.2M, and assets of $2.5M (revenue +29.4% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.4M, and assets of $2.1M (revenue +28.4% year-over-year).
- 2017: Revenue of $4.4M, expenses of $4.3M, and assets of $1.9M (revenue +22.7% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.4M, and assets of $1.6M (revenue +4.0% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.5M, and assets of $1.2M (revenue -7.5% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.8M, and assets of $1.3M (revenue +3.3% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.5M, and assets of $1.1M (revenue +32.5% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.8M, and assets of $1.0M (revenue -5.2% year-over-year).
- 2011: Revenue of $2.9M, expenses of $3.0M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Health & Welfare Fund:
Data Sources and Methodology
This transparency report for United Health & 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.