#186 of 500 · Member & Benefit Funds
Independent Order Of Foresters
A member-governed fraternal benefit society headquartered in Toronto, Canada, with operations in the United States (this EIN covers its U.S. activity). It provides life insurance and related financial products to more than two million members across the U.S., Canada, and the United Kingdom, and offers fraternal member benefits including community grants, scholarships, and volunteer and family-focused activities through a local branch network.
Open the interactive profileFinancials, fiscal 2022
- Revenue
- $843.4M
- Expenses
- $756.9M
- Total assets
- $5.13B
- Net assets
- $1.54B
- Operating margin
- 10.2%
- 1-year growth
- 18.3%
- 5-year growth (CAGR)
- 11.9%
- Reserve (years of spending)
- 24.4
- Contributions share
- n/a
- Programme spending
- 87.7%
- Fundraising cost
- n/a
- Executive pay share
- 2.53%
- Employees
- 78
- Revenue per employee
- $10.8M
- Grants paid
- $2.2M
- Years filing
- 56
NFP Health Score: 65 / 100
Financial 49 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Mission
To champion the welfare of its members, their families, and the communities where they reside — demonstrated through quality life insurance, exclusive member benefits, and inspiring community activities.
Revenue history
| Year | Revenue |
|---|---|
| 2018 | $538.2M |
| 2019 | $1.20B |
| 2020 | $1.13B |
| 2021 | $713.1M |
| 2022 | $843.4M |