Sheet Metal Workers-270 Welfare Fund is a 501(c)(9) organization based in Tulsa, Oklahoma, registered in 2014, with $5,303,415 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$5.3M
▲ 31.5% vs prior year
Membership median: $185K
Expenses (FY2024)
$4.5M
Net assets
$3.6M
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 Sheet Metal Workers-270 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 Sheet Metal Workers-270 Welfare Fund: 10 mo reserves · +15% 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 Sheet Metal Workers-270 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 Sheet Metal Workers-270 Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3.7M (FY2019) to $5.3M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
14.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.6M
Total liabilities
$3.0M
Net assets
$3.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,303,415▲31.5% | $4,532,612▲42.7% | $3,599,915▲30.9% | $6,612,803▲26.5% | 990 |
| 2023 | $4,032,366▲25.8% | $3,175,488▼3.4% | $2,750,699▲50.3% | $5,228,717▲30.7% | 990 |
| 2022 | $3,204,624▲5.0% | $3,288,255▲28.9% | $1,829,640▼11.7% | $4,000,162▼2.3% | 990 |
| 2021 | $3,053,359▲0.6% | $2,550,151▼11.4% | $2,071,052▲36.3% | $4,094,737▲16.3% | 990 |
| 2020 | $3,034,218▼18.2% | $2,877,482▼12.4% | $1,519,544▲13.4% | $3,522,108▲0.3% | 990 |
| 2019 | $3,708,771 | $3,285,680▲113% | $1,339,722▼65.2% | $3,509,865▼11.0% | 990 |
| 2012 | — | $1,544,623 | $3,853,091 | $3,942,526 | 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 Sheet Metal Workers-270 Welfare Fund (EIN 73-6098088) 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.