Plumbers & Steamfitters 189 Welfare Fund is a 501(c)(9) organization based in Columbus, Ohio, registered in 1987, with $28,555,357 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$28.6M
▲ 25.6% vs prior year
Expenses (FY2024)
$21.7M
Net assets
$51.5M
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 & Steamfitters 189 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 Plumbers & Steamfitters 189 Welfare Fund: 28 mo reserves · +24% 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 & Steamfitters 189 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 Plumbers & Steamfitters 189 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $14.0M (FY2015) to $28.6M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
23.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$63.3M
Total liabilities
$11.8M
Net assets
$51.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $28,555,357▲25.6% | $21,737,810▲15.4% | $51,450,912▲16.6% | $63,283,146▲22.1% | 990 |
| 2023 | $22,743,245▲14.6% | $18,836,093▲1.2% | $44,119,233▲16.9% | $51,837,531▲16.1% | 990 |
| 2022 | $19,852,917▲1.8% | $18,610,620▲14.8% | $37,736,935▲4.4% | $44,638,518▲7.7% | 990 |
| 2021 | $19,502,953▲17.0% | $16,211,819▲16.5% | $36,129,187▲3.2% | $41,453,861▲7.4% | 990 |
| 2020 | $16,666,254▼0.6% | $13,918,362▼17.8% | $34,992,472▲21.1% | $38,589,302▲14.9% | 990 |
| 2019 | $16,774,617▲1.0% | $16,926,459▲20.0% | $28,894,942▼7.4% | $33,583,015▼1.8% | 990 |
| 2018 | $16,604,349▲8.7% | $14,106,772▼11.5% | $31,190,374▲6.7% | $34,182,784▲7.6% | 990 |
| 2017 | $15,269,437▲8.8% | $15,946,024▼2.8% | $29,239,911▼1.6% | $31,766,886▼4.0% | 990 |
| 2016 | $14,035,524▲0.2% | $16,400,875▲8.6% | $29,715,424▼5.5% | $33,075,162▼2.9% | 990 |
| 2015 | $14,012,572 | $15,099,691 | $31,441,009 | $34,079,921 | 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 & Steamfitters 189 Welfare Fund (EIN 31-6035546) 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.