Is American Federation Of State County & Municipal Employees Legit?

The American Federation Of State County & Municipal Employees (AFSCME) demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade. In the latest filing (202312), the organization reported revenues of $3,052,176 against expenses of $2,914,648, resulting in a surplus. This trend of positive net income has allowed the organization to steadily grow its assets, reaching $3,522,632 in 2023, up from $1,263,356 in 2014. The organization's liabilities have remained relatively stable and manageable in proportion to its assets. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent surpluses suggest efficient management of its overall budget. The absence of reported officer compensation in all available filings indicates either that compensation is below reporting thresholds or that the organization operates with a volunteer leadership structure, which is a positive indicator for resource allocation directly to its mission. However, without detailed functional expense data, a precise assessment of spending efficiency across categories is limited. Overall, AFSCME appears to be a financially stable organization with a track record of responsible financial management and asset growth. Its consistent surpluses and lack of reported officer compensation are positive signs regarding its financial health and potential for mission impact. To further assess transparency, access to the full IRS 990 forms would be necessary to review detailed expense breakdowns and governance practices.