Health & Welfare Trust
501(c)(9)
Only null% goes to programs Strong reserves Declining revenue
Health & Welfare Trust is a 501(c)(9) organization based in Chicago, Illinois, registered in 1956, with $7,481,302 in FY2023 revenue. CharityIndex grades it B.
4620 S Tripp Ave, Chicago, IL, 60632 EIN 36-6076696 Since 1956
Revenue (FY2023)
$7.5M
▲ 0.9% vs prior year
Expenses (FY2023)
$7.8M
Net assets
$6.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Health & Welfare Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating9 mo reserves · -4% margin
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 Health & Welfare Trust: 9 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Health & Welfare Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Health & Welfare Trust: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $5.6M (FY2013) to $7.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $30KNet assets $6.2M
Operating margin
-4.3%
Spent more than it raised in the latest fiscal year.
Total assets
$6.2M
Total liabilities
$30K
Net assets
$6.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,481,302▲0.9% | $7,806,452▲9.0% | $6,159,642▲4.4% | $6,190,104▲4.0% | 990 |
| 2022 | $7,412,192▼13.4% | $7,160,680▼15.3% | $5,900,182▼0.9% | $5,950,570▼1.0% | 990 |
| 2021 | $8,563,914▼14.3% | $8,450,930▼8.4% | $5,956,703▲5.3% | $6,007,805▼0.4% | 990 |
| 2020 | $9,990,928▼1.2% | $9,227,967▼1.0% | $5,656,892▲28.9% | $6,033,634▲36.2% | 990 |
| 2019 | $10,114,610▲3.4% | $9,318,696▼5.3% | $4,389,596▲24.4% | $4,430,665▲16.0% | 990 |
| 2018 | $9,778,334▲3.2% | $9,839,987▲9.3% | $3,528,695▲0.4% | $3,819,183▼18.9% | 990 |
| 2017 | $9,475,046▲4.2% | $9,006,805▼2.3% | $3,513,039▲20.6% | $4,708,366▲29.5% | 990 |
| 2016 | $9,091,160▲8.7% | $9,217,156▲9.4% | $2,913,075▲0.1% | $3,634,806▲0.7% | 990 |
| 2015 | $8,365,913▲17.9% | $8,424,488▲9.9% | $2,911,069▼4.4% | $3,608,014▼8.4% | 990 |
| 2014 | $7,093,327▲26.0% | $7,668,187▲29.7% | $3,043,980▼13.2% | $3,938,042▼2.2% | 990 |
| 2013 | $5,628,852 | $5,914,083▲7.9% | $3,506,837▼4.0% | $4,024,947▼4.2% | 990 |
| 2012 | — | $5,480,985▲6.7% | $3,652,150▼0.9% | $4,199,733▼0.8% | 990 |
| 2011 | — | $5,134,817▲21.2% | $3,685,113▼7.3% | $4,234,539▼9.8% | 990 |
| 2010 | — | $4,235,882 | $3,976,358 | $4,696,300 | 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.
Frequently asked questions
- Is Health & Welfare Trust a legitimate nonprofit?
- Yes. Health & Welfare Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 36-6076696, based in Chicago, Illinois.
- What is Health & Welfare Trust's EIN?
- Health & Welfare Trust's Employer Identification Number (EIN) is 36-6076696.
- How much revenue does Health & Welfare Trust report?
- Health & Welfare Trust reported $7,481,302 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Health & Welfare Trust have?
- CharityIndex grades Health & Welfare Trust B, based on financial health (reserves and operating margin).
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Data for Health & Welfare Trust (EIN 36-6076696) 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.