Cement Masons-592 Welfare Fund is a 501(c)(9) organization based in Philadelphia, Pennsylvania, with $12,426,576 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$12.4M
▼ 4.0% vs prior year
Expenses (FY2024)
$11.7M
Net assets
$35.0M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Cement Masons-592 Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cement Masons-592 Welfare Fund: 36 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Cement Masons-592 Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cement Masons-592 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $7.3M (FY2013) to $12.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
5.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$35.3M
Total liabilities
$242K
Net assets
$35.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $12,426,576▼4.0% | $11,743,034▲14.5% | $35,014,892▲4.4% | $35,257,017▲4.7% | 990 |
| 2023 | $12,942,019▲2.7% | $10,255,770▲8.4% | $33,535,965▲8.7% | $33,670,504▲8.7% | 990 |
| 2022 | $12,607,217▲2.6% | $9,463,971▼4.0% | $30,841,788▲10.8% | $30,969,382▲9.2% | 990 |
| 2021 | $12,285,764▼0.7% | $9,856,978▲6.7% | $27,835,151▲4.2% | $28,352,479▲5.2% | 990 |
| 2020 | $12,374,294▲1.2% | $9,240,442▼1.7% | $26,725,683▲15.8% | $26,961,391▲16.4% | 990 |
| 2019 | $12,231,905▲0.6% | $9,397,910▲5.2% | $23,074,110▲14.1% | $23,158,331▲14.1% | 990 |
| 2018 | $12,154,178▲9.2% | $8,930,728 | $20,216,312▲20.4% | $20,305,200▲19.7% | 990 |
| 2017 | $11,126,492▲7.2% | $8,934,076▲31.8% | $16,784,666▲13.6% | $16,964,429▲13.4% | 990 |
| 2016 | $10,381,921▲7.4% | $6,779,394▲7.5% | $14,773,413▲96.2% | $14,957,274▲97.1% | 990 |
| 2015 | $9,671,093▲21.8% | $6,305,343▼10.0% | $7,530,632▲81.7% | $7,588,124▲81.0% | 990 |
| 2014 | $7,942,259▲9.0% | $7,008,181▼1.9% | $4,145,478▲29.1% | $4,193,460▲23.8% | 990 |
| 2013 | $7,289,671 | $7,145,161▼2.6% | $3,211,429▲4.5% | $3,386,346▼0.3% | 990 |
| 2012 | — | $7,338,394▼6.5% | $3,074,269▼5.5% | $3,395,861▲1.6% | 990 |
| 2011 | — | $7,845,568▲6.5% | $3,252,311▼38.6% | $3,343,652▼38.8% | 990 |
| 2009 | — | $7,367,271 | $5,299,591 | $5,459,269 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Cement Masons-592 Welfare Fund (EIN 23-1578380) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.