Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy is a 501(c)(9) organization based in Valley Stream, New York, registered in 1958, with $17,056,951 in FY2024 revenue. CharityIndex grades it C+.
420 W Merrick Rd, Valley Stream, NY, 11580 EIN 13-1805529 Since 1958
Revenue (FY2024)
$17.1M
▲ 51.9% vs prior year
Expenses (FY2024)
$13.5M
Net assets
$26.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →—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 Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating24 mo reserves · +21% 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 Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy: 24 mo reserves · +21% margin earns a A 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 Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy— 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 Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 420 W Merrick Rd, Valley Stream, NY, 11580
- City
- Valley Stream
- State
- New York
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $9.0M (FY2013) to $17.1M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $30KNet assets $26.4M
Operating margin
21.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$26.5M
Total liabilities
$30K
Net assets
$26.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $17,056,951▲51.9% | $13,451,146▲6.2% | $26,433,969▲21.7% | $26,463,589▲21.5% | 990 |
| 2023 | $11,232,125▲6.4% | $12,670,821▲7.3% | $21,712,363▲4.1% | $21,782,162▲4.1% | 990 |
| 2022 | $10,552,505▲1.5% | $11,811,934▲14.5% | $20,853,951▼19.6% | $20,931,469▼19.6% | 990 |
| 2021 | $10,393,677▼46.8% | $10,319,607▲1.5% | $25,949,338▼0.4% | $26,022,585▼4.4% | 990 |
| 2020 | $19,533,185▲94.6% | $10,162,864▼6.5% | $26,044,243▲19.7% | $27,229,455▲24.5% | 990 |
| 2018 | $10,036,254▲6.3% | $10,866,507▲11.0% | $21,763,597▼8.9% | $21,868,573▼8.9% | 990 |
| 2017 | $9,441,493▲2.7% | $9,789,562▼9.2% | $23,901,482▲0.7% | $24,014,489▲0.6% | 990 |
| 2016 | $9,189,814▼11.3% | $10,780,833▲12.3% | $23,735,242▼1.1% | $23,873,435▼0.9% | 990 |
| 2015 | $10,355,437▼3.9% | $9,602,504▼8.5% | $24,002,096▼1.7% | $24,095,985▼1.6% | 990 |
| 2014 | $10,777,960▲19.1% | $10,491,666▲31.8% | $24,416,172▲0.8% | $24,484,755▲0.9% | 990 |
| 2013 | $9,047,556 | $7,962,763▲16.0% | $24,216,849▲12.0% | $24,271,487▲11.8% | 990 |
| 2012 | — | $6,866,928▼4.4% | $21,619,432▼19.8% | $21,713,606▼19.7% | 990 |
| 2011 | — | $7,180,596▲46.0% | $26,940,600▲21.0% | $27,056,738▲20.5% | 990 |
| 2010 | — | $4,919,613 | $22,262,639 | $22,449,877 | 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 Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy a legitimate nonprofit?
- Yes. Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-1805529, based in Valley Stream, New York.
- What is Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy's EIN?
- Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy's Employer Identification Number (EIN) is 13-1805529.
- How much revenue does Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy report?
- Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy reported $17,056,951 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy have?
- CharityIndex grades Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy C+, based on financial health (reserves and operating margin).
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Data for Sick Benefit Fund of Local 223 Amalgameted Industrial & Toy (EIN 13-1805529) 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.