Plumbers & Pipefitters 344 Health & Welfare Trust Fund is a 501(c)(9) organization based in Oklahoma City, Oklahoma, registered in 1974, with $17,373,370 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$17.4M
▲ 18.0% vs prior year
Expenses (FY2024)
$16.2M
Net assets
$15.1M
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 Plumbers & Pipefitters 344 Health & Welfare Trust 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 Plumbers & Pipefitters 344 Health & Welfare Trust Fund: 11 mo reserves · +7% 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 Plumbers & Pipefitters 344 Health & Welfare Trust 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 Plumbers & Pipefitters 344 Health & Welfare Trust Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $11.5M (FY2017) to $17.4M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
6.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$15.4M
Total liabilities
$327K
Net assets
$15.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $17,373,370▲18.0% | $16,204,664▲14.6% | $15,117,234▲10.6% | $15,443,769▲9.7% | 990 |
| 2023 | $14,718,910▲13.2% | $14,135,558▲5.6% | $13,667,229▲9.6% | $14,077,447▲10.0% | 990 |
| 2022 | $13,002,737▲2.4% | $13,386,989▲5.5% | $12,471,621▼11.1% | $12,802,260▼11.3% | 990 |
| 2021 | $12,697,086▼4.3% | $12,690,808▲1.2% | $14,034,735▲2.8% | $14,426,568▲3.4% | 990 |
| 2020 | $13,265,853▼2.9% | $12,546,237▲6.6% | $13,653,284▲8.1% | $13,955,201▲8.3% | 990 |
| 2019 | $13,666,145▲15.9% | $11,765,239▲24.0% | $12,633,060▲24.6% | $12,881,460▲22.9% | 990 |
| 2018 | $11,793,112▲2.3% | $9,486,139▼17.6% | $10,137,236▲29.8% | $10,482,892▲27.7% | 990 |
| 2017 | $11,526,783 | $11,511,585 | $7,807,603 | $8,210,510 | 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 Plumbers & Pipefitters 344 Health & Welfare Trust Fund (EIN 73-0950060) 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.