Is International Brotherhood Of Electrical Workers Legit?
Quick charity verification for International Brotherhood Of Electrical Workers (EIN: 161456713)
Verdict: International Brotherhood Of Electrical Workers appears trustworthy
85/100Mission Score
$6.3MRevenue
$9.4MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided summary, hindering efficiency analysis.
Strengths
Consistent revenue exceeding expenses in most years, indicating financial stability (e.g., 2023: Revenue $5,721,808, Expenses $5,630,600).
Steady growth in assets over the past decade, from $5,463,685 in 2014 to $9,097,935 in 2023.
Reported 0% officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
Consistent filing of IRS 990s for 13 periods, demonstrating regulatory compliance.
Spending Breakdown
How International Brotherhood Of Electrical Workers allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 International Brotherhood Of Electrical Workers
Is International Brotherhood Of Electrical Workers a legitimate charity?
Based on AI analysis of IRS 990 filings, International Brotherhood Of Electrical Workers (EIN: 161456713) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is International Brotherhood Of Electrical Workers a good charity to donate to?
International Brotherhood Of Electrical Workers has a Mission Score of 85/100. Revenue: $6.3M. Assets: $9.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Brotherhood Of Electrical Workers?
The Employer Identification Number (EIN) for International Brotherhood Of Electrical Workers is 161456713. 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 International Brotherhood Of Electrical Workers spend its money?
International Brotherhood Of Electrical Workers allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Brotherhood Of Electrical Workers's tax-exempt status?
You can verify International Brotherhood Of Electrical Workers's tax-exempt status using EIN 161456713 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
The International Brotherhood Of Electrical Workers (IBEW) in Syracuse, NY, demonstrates consistent financial stability with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $5,721,808 against expenses of $5,630,600, indicating a surplus. The organization's assets have also shown steady growth, increasing from $5,463,685 in 2014 to $9,097,935 in 2023, suggesting sound financial management and accumulation of reserves. Liabilities have fluctuated but remained manageable relative to assets.
While the provided data indicates a healthy financial position, the absence of a detailed breakdown of expenses (e.g., program, administrative, fundraising) in the provided IRS 990 summary makes a precise assessment of spending efficiency challenging. However, the consistent positive net income in most years suggests that the organization is operating within its means. The reported 0% officer compensation across all filings is a notable point regarding executive pay, indicating that top leadership is not drawing a salary from the organization's funds, which can be a positive indicator for donor confidence.
Transparency regarding the allocation of funds to specific programs versus administrative or fundraising costs would enhance the overall assessment. Without this detailed breakdown, it's difficult to fully evaluate how efficiently funds are being directed towards their core mission. However, the consistent filing of IRS 990s over 13 periods demonstrates a commitment to regulatory compliance and basic financial transparency.