#208 of 500 · Member & Benefit Funds
Gbu Financial Life
A member-owned fraternal benefit society headquartered in Pittsburgh, Pennsylvania, founded in 1892 as the German Beneficial Union by German immigrant families. It provides life insurance, annuities, and other financial products to its members, and, as a fraternal, supports charitable giving, scholarships, volunteerism, and community activities through its member network.
Open the interactive profileFinancials, fiscal 2022
- Revenue
- $767.4M
- Expenses
- $735.1M
- Total assets
- $4.20B
- Net assets
- $288.8M
- Operating margin
- 4.2%
- 1-year growth
- n/a
- 5-year growth (CAGR)
- 7.4%
- Reserve (years of spending)
- 4.7
- Contributions share
- 0.0%
- Programme spending
- 76.3%
- Fundraising cost
- n/a
- Executive pay share
- 0.36%
- Employees
- 102
- Revenue per employee
- $7.5M
- Grants paid
- n/a
- Years filing
- 82
NFP Health Score: 78 / 100
Financial 60 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Mission
To provide life insurance, annuities, fraternal activities and other benefits to members, empowering people to achieve financial security, flexibility and resilience and to strengthen meaningful causes in their communities.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $620.1M |
| 2020 | $617.7M |
| 2021 | $647.4M |
| 2022 | $767.4M |