Plumbers Welfare Fund-68
501(c)(9)
Only null% goes to programs Thin reserves Growing revenue
Plumbers Welfare Fund-68 is a 501(c)(9) organization based in Houston, Texas, registered in 1959, with $21,306,133 in FY2023 revenue. CharityIndex grades it D.
Po Box 8726, Houston, TX, 77249 EIN 74-6038640 Since 1959
Revenue (FY2023)
$21.3M
▲ 13.2% vs prior year
Expenses (FY2023)
$21.6M
Net assets
-$3.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Plumbers Welfare Fund-68— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -1% 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 Plumbers Welfare Fund-68: 0 mo reserves · -1% margin earns a D 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 Plumbers Welfare Fund-68— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Plumbers Welfare Fund-68: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $10.9M (FY2013) to $21.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $16.1MNet assets -$3.0M
Operating margin
-1.2%
Spent more than it raised in the latest fiscal year.
Total assets
$13.2M
Total liabilities
$16.1M
Net assets
-$3.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $21,306,133▲13.2% | $21,553,828▲3.7% | -$2,958,291▼1.4% | $13,178,620▲1.9% | 990 |
| 2022 | $18,821,434▲17.8% | $20,778,345▲28.2% | -$2,916,934▼157% | $12,926,837▼9.0% | 990 |
| 2021 | $15,978,096▲0.1% | $16,208,047▼13.7% | -$1,135,883▼365% | $14,202,364▼2.6% | 990 |
| 2020 | $15,954,972▼6.8% | $18,786,957▲6.4% | -$244,275▲77.7% | $14,578,428▼16.3% | 990 |
| 2019 | $17,115,877▼5.7% | $17,661,644▼10.4% | -$1,095,309▼141% | $17,415,239▼4.2% | 990 |
| 2018 | $18,152,669▲0.2% | $19,722,588▲6.8% | $2,672,945▲114% | $18,181,510▼6.9% | 990 |
| 2017 | $18,115,473▲15.0% | $18,471,424▲9.6% | -$19,752,717▼6.6% | $19,520,869▼4.2% | 990 |
| 2016 | $15,759,172▲4.9% | $16,857,081▲13.0% | -$18,522,433▲42.3% | $20,386,558▼6.2% | 990 |
| 2015 | $15,029,622▲14.0% | $14,914,641▲14.2% | -$32,089,803▼55.6% | $21,727,087▲0.5% | 990 |
| 2014 | $13,183,171▲21.0% | $13,056,311▲21.9% | -$20,617,530▲57.9% | $21,611,593▼1.3% | 990 |
| 2013 | $10,896,360 | $10,713,975▲9.2% | -$48,929,390▲3.4% | $21,889,715▲4.4% | 990 |
| 2012 | — | $9,813,998▲26.1% | -$50,643,162▲11.7% | $20,970,853▼1.3% | 990 |
| 2011 | — | $7,781,733▼10.0% | -$57,352,872▼30.1% | $21,253,731▲8.6% | 990 |
| 2010 | — | $8,644,833▼4.5% | -$44,074,974▲25.4% | $19,578,348▲8.9% | 990 |
| 2009 | — | $9,048,805 | -$59,110,726 | $17,982,079 | 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 Plumbers Welfare Fund-68 a legitimate nonprofit?
- Yes. Plumbers Welfare Fund-68 is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 74-6038640, based in Houston, Texas.
- What is Plumbers Welfare Fund-68's EIN?
- Plumbers Welfare Fund-68's Employer Identification Number (EIN) is 74-6038640.
- How much revenue does Plumbers Welfare Fund-68 report?
- Plumbers Welfare Fund-68 reported $21,306,133 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Plumbers Welfare Fund-68 have?
- CharityIndex grades Plumbers Welfare Fund-68 D, based on financial health (reserves and operating margin).
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Data for Plumbers Welfare Fund-68 (EIN 74-6038640) 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.