Industry & Local 338-Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,037,562 | 5,492,217 | −454,655 | 6.2 | 2% |
| 2012 | 5,643,365 | 5,550,414 | 92,951 | 6.3 | 2% |
| 2013 | 5,116,384 | 4,186,683 | 929,701 | 10.9 | 2% |
| 2014 | 4,872,073 | 3,512,701 | 1,359,372 | 18.2 | 0% |
| 2015 | 3,717,220 | 2,312,417 | 1,404,803 | 34.2 | 0% |
| 2016 | 2,524,677 | 1,554,599 | 970,078 | 58.8 | 0% |
| 2017 | 2,545,990 | 1,764,676 | 781,314 | 57.1 | 0% |
| 2018 | 2,487,643 | 2,770,623 | −282,980 | 35.1 | 0% |
| 2019 | 2,591,748 | 2,515,870 | 75,878 | 39.3 | 0% |
| 2020 | 2,155,749 | 2,473,713 | −317,964 | 38.7 | 0% |
| 2021 | 2,325,540 | 2,505,508 | −179,968 | 39.1 | 0% |
| 2022 | 2,347,592 | 2,388,172 | −40,580 | 35.2 | 0% |
| 2023 | 2,064,762 | 2,530,193 | −465,431 | 31.9 | 0% |
In its most recent public year (2023), this organization spent $465,431 more than it brought in. Its reserves stood at about 31.9 months of spending, up from 6.2 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Industry & Local 338-Welfare Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works