Ibew-363 Labor Welfare Fund is a 501(c)(9) organization based in Harriman, New York, registered in 1955, with $32,758,659 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$32.8M
▲ 1.5% vs prior year
Employment median: $367K
Expenses (FY2024)
$29.2M
Net assets
$48.2M
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 Ibew-363 Labor 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 Ibew-363 Labor Welfare Fund: 20 mo reserves · +11% 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 Ibew-363 Labor 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 Ibew-363 Labor Welfare Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $13.9M (FY2013) to $32.8M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
11.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$61.5M
Total liabilities
$13.3M
Net assets
$48.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $32,758,659▲1.5% | $29,160,405▲4.9% | $48,191,217▲6.1% | $61,524,722▲10.5% | 990 |
| 2023 | $32,283,855▲15.6% | $27,804,553▲5.7% | $45,438,596▲15.0% | $55,678,439▲12.2% | 990 |
| 2022 | $27,935,804▼0.3% | $26,301,986▼1.9% | $39,519,852▼8.0% | $49,611,534▼5.1% | 990 |
| 2021 | $28,025,970▲14.8% | $26,812,744▲19.4% | $42,970,364▲5.7% | $52,283,639▲9.5% | 990 |
| 2020 | $24,403,893▼9.1% | $22,452,250▲12.7% | $40,657,008▲13.0% | $47,751,842▲5.7% | 990 |
| 2019 | $26,851,685▲24.6% | $19,927,635▲10.1% | $35,981,854▲35.4% | $45,191,962▲37.8% | 990 |
| 2018 | $21,543,842▼2.7% | $18,091,442▲22.8% | $26,583,145▲8.9% | $32,796,111▲7.3% | 990 |
| 2017 | $22,132,317▲29.3% | $14,734,604▲20.0% | $24,403,942▲55.2% | $30,566,750▲52.1% | 990 |
| 2016 | $17,114,275▲9.1% | $12,282,702▼6.5% | $15,729,111▲45.3% | $20,101,583▲36.5% | 990 |
| 2015 | $15,683,843▲3.1% | $13,137,120▲25.0% | $10,824,007▲31.4% | $14,729,485▲26.4% | 990 |
| 2014 | $15,218,173▲9.2% | $10,512,107▼35.6% | $8,237,666▲136% | $11,653,871▲63.0% | 990 |
| 2013 | $13,934,850 | $16,317,426▲2.3% | $3,486,661▼42.1% | $7,149,478▼20.9% | 990 |
| 2012 | — | $15,955,391▲2.9% | $6,018,429▼45.2% | $9,041,743▼37.3% | 990 |
| 2011 | — | $15,511,370▲2.2% | $10,988,762▼23.5% | $14,417,505▼19.9% | 990 |
| 2010 | — | $15,172,082 | $14,360,518 | $18,002,244 | 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 Ibew-363 Labor Welfare Fund (EIN 13-6132502) 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.