nonprofit · EIN 15-6025162 · NY
How much does IBEW LOCAL 1249 INSURANCE FUND raise and spend?
IBEW LOCAL 1249 INSURANCE FUND (NY, EIN 15-6025162) reported $69.3M in revenue and $65.1M in expenses for tax year 2024, with $133.2M in net assets (24.5 months of reserves). By expenses that ranks 3,721 of 391,588 e-filers, 373 of 26,102 nonprofits in new york.
What stands out
IBEW LOCAL 1249 INSURANCE FUND (NY, EIN 15-6025162) reported $69.3M in revenue and $65.1M in expenses for tax year 2024, with $133.2M in net assets (24.5 months of reserves). By expenses that ranks 3,721 of 391,588 e-filers, 373 of 26,102 nonprofits in new york. Against nonprofits with $10M-$100M in expenses: months of reserves 24.5 months, above the peer median of 9.5 months; contributions share of revenue 0.0%, below the peer median of 12.5%; surplus margin 6.1%, above the peer median of 2.1%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $69.3M | — | $21.4M | $198.5k |
| Total expenses | $65.1M | — | $20.3M | $179.6k |
| Total assets | $134.2M | — | $29.5M | $761.5k |
| Net assets | $133.2M | — | $17.4M | $615.1k |
| Program service revenue share | 88.5% | — | 73.7% | 13.4% |
| Contributions share of revenue | 0.0% | — | 12.5% | 55.6% |
| Months of reserves | 24.5 months | — | 9.5 months | 12.4 months |
| Surplus margin | 6.1% | — | 2.1% | 4.3% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $69.3M | $65.1M | $133.2M | 24.5 months | — | 3,721 |
| 2023 | $67.5M | $58.5M | $123.9M | 25.4 months | — | 6,876 |
| 2022 | $60.1M | $51.6M | $108.9M | 25.3 months | — | 6,998 |
| 2020 | $50.8M | $35.8M | $92.6M | 31.1 months | — | 8,582 |
| 2019 | $45.1M | $38.6M | $69.5M | 21.6 months | — | 7,692 |
| 2018 | $38.1M | $27.4M | $59.5M | 26.0 months | — | 9,211 |
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