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Asbetos Workers Philadelphia Welfare Fund

Philadelphia, PA / EIN 23-7097998 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201111,752,96211,763,543−10,58114.92%
201211,756,75212,047,359−290,60714.32%
201312,168,51012,619,631−451,12113.42%
201411,935,69612,640,384−704,68812.92%
201513,883,03413,212,399670,63512.61%
201614,921,73813,745,7421,175,99613.31%
201715,764,88813,863,0711,901,81715.11%
201816,019,44812,998,9183,020,53019.31%
201916,792,46613,740,7413,051,72521.61%
202014,713,59212,774,7581,938,83426.11%
202115,021,75113,141,7081,880,04328.61%
202213,932,40514,447,163−514,75824.02%
202315,790,63516,800,668−1,010,03320.71%

In its most recent public year (2023), this organization spent $1,010,033 more than it brought in. Its reserves stood at about 20.7 months of spending, up from 14.9 in 2011. Staff pay was 1% 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

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