Mutual & Membership Benefit
(Y99)
IRS Verified
DX Registered
990 on File
USW 1-346 CHARITY FUND INC
Financial strength (30%)
58/100
Reliability (20%)
40/100
Effectiveness (25%)
33/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To help honor the legacy of Ben & Max Morrissey and to thank our community for all the support they showed the Morrissey families during their time of need. We have created the USW 1-346 Charity Fund to help families, youth organizations, and community organizations in need of assistance.
Financial Overview — FY 2024
$114K
Total Revenue
$73K
Total Expenses
$47K
Net Assets
N/A
Employees
Revenue Sources
Program Expense Ratio
0.0%
Fundraising Efficiency
N/A
Operating Reserve
7.73x
Liability-to-Asset
0.0%
Revenue Diversification
100.0%
Compared with Peers
FY 2024
Compared with 258 similar organizations
(United States, Mutual & Membership Benefit, under $100K in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
0.0% | 79.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.7 mo | 31.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 99.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
33.0% | 1.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-16.8% | -0.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
36.1% | 16.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $114K | $73K | $47K | 0.0% | — |
| 2023 | $86K | $87K | $6K | 0.0% | — |
| 2022 | $898K | $891K | $7K | 0.0% | — |
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