Ocu Health & Welfare Trust
Covina, CA 91724 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $123,830,070 | $26,996,924 | $295,325,973 |
| FY2023 | $28,475,257 | $26,667,501 | $271,397,844 |
| FY2022 | $32,420,042 | $23,051,925 | $241,158,617 |
| FY2021 | $27,957,263 | $21,642,615 | $274,862,508 |
| FY2020 | $24,169,336 | $20,205,157 | $245,121,003 |
| FY2019 | $29,744,099 | $21,181,560 | $220,780,931 |
| FY2018 | $37,243,177 | $20,813,042 | $188,080,544 |
| FY2017 | $32,917,545 | $20,166,180 | $185,725,903 |
| FY2016 | $37,823,422 | $18,655,534 | $154,388,953 |
| FY2015 | $38,434,192 | $21,648,361 | $128,587,700 |
| FY2014 | $33,951,730 | $20,148,931 | $115,251,990 |
| FY2013 | $32,288,842 | $18,025,289 | $97,175,505 |
| FY2012 | $28,844,210 | $15,218,910 | $74,956,720 |
| FY2011 | $30,262,419 | $16,197,817 | $55,084,266 |
Form 990 filings
The returns filed by Ocu Health & Welfare Trust (EIN 26-1574455), 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 revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $25,774,127 | 21% |
| Other revenue | $98,055,943 | 79% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $26,996,924 | 100% |
| Management & general | $0 | 0% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 79% of total revenue in FY2024.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2024. That is higher than 66.4% of 110 Mutual & Membership Benefit organizations nationwide (too few in CA for a state comparison).
- Net assets covered about 131.3 months of expenses at the end of the reporting year. That puts it in the 81st percentile among 361 Mutual & Membership Benefit organizations in CA.
- Total revenue was higher than 99.5% of 367 Mutual & Membership Benefit organizations in CA.
- Total revenue rose from $30,262,419 in FY2011 to $123,830,070 in FY2024. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2011 to FY2024.
- Net assets grew from $55,084,266 to $295,325,973 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
HEALTH & WELFARE BENEFITS PROVIDED TO MEMBERS WHOSE EMPLOYERS CONTRIBUTE TO THE FUND.
IRS status
| Ruling year | 2010 |
| Subsection | 501(c)(9) |
| Program area (NTEE) | Y44 — Mutual & Membership Benefit (in CA) |
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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.
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