Quick charity verification for Engineers Union Welfare Fund 68 (EIN: 221550500)
Verdict: Engineers Union Welfare Fund 68 appears trustworthy
75/100Mission Score
$86.3MRevenue
$97.1MAssets
1Red Flags
3Strengths
Red Flags
Lack of specific executive compensation data makes it impossible to assess potential overpayment or underpayment relative to the organization's size and mission.
Strengths
Consistently high program spending (e.g., 94% in 2023) indicates a strong commitment to its welfare mission.
Stable revenue streams over several years suggest financial resilience and consistent support for its beneficiaries.
Low administrative and fundraising percentages demonstrate efficient operations and effective resource allocation.
Spending Breakdown
How Engineers Union Welfare Fund 68 allocates its funds across programs, administration, and fundraising.
94%
Program Spending
Healthy — majority goes to mission
3%
Admin Costs
Reasonable — admin costs in check
3%
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 Engineers Union Welfare Fund 68
Is Engineers Union Welfare Fund 68 a legitimate charity?
Based on AI analysis of IRS 990 filings, Engineers Union Welfare Fund 68 (EIN: 221550500) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
Is Engineers Union Welfare Fund 68 a good charity to donate to?
Engineers Union Welfare Fund 68 has a Mission Score of 75/100. Revenue: $86.3M. Assets: $97.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Engineers Union Welfare Fund 68?
The Employer Identification Number (EIN) for Engineers Union Welfare Fund 68 is 221550500. 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 Engineers Union Welfare Fund 68 spend its money?
Engineers Union Welfare Fund 68 allocates 94% to programs, 3% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Engineers Union Welfare Fund 68's tax-exempt status?
You can verify Engineers Union Welfare Fund 68's tax-exempt status using EIN 221550500 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
Engineers Union Welfare Fund 68 is a unknown nonprofit based in West Caldwell, New Jersey, with reported revenue of $86.3M and assets of $97.1M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 94% of spending goes to programs, 3% to administration, and 3% to fundraising. Executive compensation information is not provided in the given data, preventing an assessment of its reasonableness or alignment with organizational goals. Revenue has grown +77% across 13 filing periods.