Guaranty Association Benefits Company
Washington, DC 20005 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $54,747,905 | $36,556,211 | $175,700,952 |
| FY2024 | $57,727,856 | $46,019,214 | $157,797,438 |
| FY2023 | $59,125,067 | $51,896,875 | $145,698,611 |
| FY2022 | $54,760,541 | $44,795,640 | $139,730,419 |
| FY2021 | $54,247,522 | $45,122,339 | $129,838,530 |
| FY2020 | $60,800,855 | $46,673,740 | $121,025,695 |
| FY2019 | $63,951,811 | $57,478,583 | $106,885,228 |
| FY2018 | $61,227,282 | $57,031,537 | $92,232,526 |
| FY2017 | $64,217,536 | $62,932,767 | $86,509,950 |
| FY2016 | $66,604,812 | $69,080,152 | $81,644,029 |
| FY2015 | $96,682,788 | $78,985,422 | $154,632,746 |
| FY2014 | $131,635,489 | $77,392,515 | $137,158,256 |
Form 990 filings
The returns filed by Guaranty Association Benefits Company (EIN 45-3635388), 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 | $0 | 0% |
| Other revenue | $54,747,905 | 100% |
What the numbers show
- Other revenue made up 100% of total revenue in FY2025.
- Net assets covered about 57.7 months of expenses at the end of the reporting year. That puts it in the 93rd percentile among 506 Community Improvement & Capacity Building organizations in DC.
- Total revenue was higher than 97.7% of 514 Community Improvement & Capacity Building organizations in DC.
- Total revenue fell from $131,635,489 in FY2014 to $54,747,905 in FY2025. Revenue increased in 3 and decreased in 8 of 11 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 12 reported years (FY2016).
- The highest revenue on record here is $131,635,489 in FY2014.
- Net assets grew from $137,158,256 to $175,700,952 between FY2014 and FY2025.
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 ORGANIZATION OPERATES TO PROTECT, IN ACCORDANCE WITH A COURT-APPROVED LIQUIDATION PLAN, INDIVIDUALS RELYING UPON ANNUITIES ISSUED BY INSOLVENT EXECUTIVE LIFE INSURANCE COMPANY OF NEW YORK, IN FURTHERANCE OF THE COMMON INTERESTS OF THE STATE GUARANTY ASSOCIATIONS AND THEIR MEMBERS.
IRS status
| Ruling year | 2011 |
| Subsection | 501(c)(6) |
| Program area (NTEE) | S41 — Community Improvement & Capacity Building (in DC) |
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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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