Is Edison Electric Institute Legit? —…

Spending Breakdown

How Edison Electric Institute allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Edison Electric Institute

Is Edison Electric Institute a legitimate charity?

Based on AI analysis of IRS 990 filings, Edison Electric Institute (EIN: 130659550) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Edison Electric Institute a good charity to donate to?

Edison Electric Institute has a Mission Score of 65/100. Revenue: $337.9M. Assets: $199.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Edison Electric Institute?

The Employer Identification Number (EIN) for Edison Electric Institute is 130659550. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Edison Electric Institute spend its money?

Edison Electric Institute allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Edison Electric Institute's tax-exempt status?

You can verify Edison Electric Institute's tax-exempt status using EIN 130659550 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Edison Electric Institute (EEI) demonstrates a consistent financial pattern over the past decade, with revenues and expenses generally in the $80-100 million range. In the latest filing (202312), the organization reported expenses exceeding revenue by approximately $7.5 million ($103,533,684 in expenses vs. $96,047,653 in revenue), indicating a deficit for that period. However, its assets have shown a steady increase, reaching $221,643,885 in 2023, suggesting a healthy long-term financial position despite periodic operational deficits. The organization's liabilities have also grown, reaching $171,502,781 in 2023, which is a point to monitor.

Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent operational scale suggests stable program delivery. The absence of reported officer compensation in the provided data is notable and could indicate either that compensation is reported differently or that the organization's structure does not involve traditional officer salaries, which impacts transparency regarding leadership costs. Overall, while the asset growth is positive, the recurring operational deficits in several years (e.g., 2023, 2019, 2018, 2017, 2016, 2015) warrant closer examination of revenue generation and expense management strategies.

Is Edison Electric Institute Legit?

Verdict: Edison Electric Institute shows mixed signals

Red Flags

Strengths