Fringe Benefit Plan for Service Contract Act Employees of Maximus
McLean, VA 22102 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $75,904,701 | $88,550,149 | $33,312,586 |
| FY2023 | $82,495,435 | $80,993,858 | $43,453,761 |
| FY2022 | $95,242,556 | $83,035,515 | $44,787,304 |
| FY2021 | $84,048,714 | $68,913,651 | $30,831,925 |
| FY2020 | $85,257,717 | $87,542,286 | $1,134,665 |
| FY2019 | $63,694,278 | $63,866,369 | $3,419,234 |
| FY2018 | $71,273,391 | $0 | $3,591,325 |
| FY2017 | $91,844,521 | $91,679,405 | $3,203,300 |
| FY2016 | $82,501,938 | $91,199,511 | $3,038,184 |
| FY2014 | $8 | $885 | $76,651 |
| FY2013 | $8 | $1,579 | $77,528 |
| FY2012 | $400,011 | $416,453 | $79,099 |
| FY2011 | $1,250,021 | $1,238,945 | $95,541 |
Form 990 filings
The returns filed by Fringe Benefit Plan for Service Contract Act Employees of Maximus (EIN 20-7150043), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of listed sources |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $77,686,701 | 100% |
What the numbers show
- Program service revenue was the largest of the listed revenue sources in FY2024.
- Net assets covered about 4.5 months of expenses at the end of the reporting year. That puts it in the 18th percentile among 87 Mutual & Membership Benefit organizations in VA.
- Total revenue was higher than 97.7% of 87 Mutual & Membership Benefit organizations in VA.
- Total revenue rose from $1,250,021 in FY2011 to $75,904,701 in FY2024. Revenue increased in 4 and decreased in 7 of 12 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 13 reported years (FY2012, FY2013, FY2014, FY2016, FY2019, FY2020, FY2024).
- The highest revenue on record here is $95,242,556 in FY2022.
- Net assets grew from $95,541 to $33,312,586 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
The Trust provides fringe benefits to employees covered by the Service Contract Act. Employee benefits, including health, dental, vision, life, and short term disability insurance and paid time off are required to meet minimum prevailing wage rates as required under the Act.
IRS status
| Ruling year | 2008 |
| Subsection | 501(c)(9) |
| Program area (NTEE) | Y43 — Mutual & Membership Benefit |
Similar organizations
- Worldwide Assurance for Employees of Public Agencies Inc — Falls Church, VA · $55,378,016
- Bae Systems North America Welfare Benefit Trust — Falls Church, VA · $534,243,661
- Smart - Td Health and Welfare Plan — Arlington, VA · $644,079,592
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.