Edison Electric Institute
Edison Electric Institute maintains strong asset growth despite recurring operational deficits.
EIN: 130659550 · Washington, DC · NTEE: S41 · Updated: 2026-03-28
Is Edison Electric Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edison Electric Institute directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Edison Electric Institute
Edison Electric Institute (EIN: 130659550) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $337.9M and total assets of $199.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edison Electric Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edison Electric Institute is a major nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96.0M |
| Total Expenses | $103.5M |
| Surplus / Deficit | $-7,486,031 |
| Total Assets | $221.6M |
| Total Liabilities | $171.5M |
| Net Assets | $50.1M |
| Operating Margin | -7.8% |
| Debt-to-Asset Ratio | 77.4% |
| Months of Reserves | 25.7 months |
Financial Health Grade: C
In 2023, Edison Electric Institute reported a deficit of $7.5M with expenses exceeding revenue, holds 25.7 months of operating reserves (strong position), has a debt-to-asset ratio of 77.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Edison Electric Institute's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +24.4% | +1.9% |
| 2022 | +6.2% | +13.5% | +9.4% |
| 2021 | +1.9% | -2.6% | +13.2% |
| 2020 | -11.7% | -18.1% | +13.5% |
| 2019 | -1.1% | -2.9% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Edison Electric Institute with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Edison Electric Institute allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 77.4%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all listed filing periods, which suggests that executive compensation is either not reported under this category or is covered by other expense lines, making it difficult to assess relative to the organization's size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Edison Electric Institute's IRS 990 filings:
- Recurring operational deficits (e.g., $7.5M in 2023)
- Increasing liabilities over time
- Lack of reported officer compensation makes leadership cost transparency difficult to assess
Strengths
The following positive indicators were identified for Edison Electric Institute:
- Consistent and significant asset growth (from $121M in 2014 to $221M in 2023)
- Stable revenue generation over a decade (generally $80-100M annually)
- Long filing history (13 filings) indicates established operations
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) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Edison Electric Institute spend its money?
Edison Electric Institute directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Edison Electric Institute tax-deductible?
Edison Electric Institute is registered as a tax-exempt nonprofit (EIN: 130659550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does Edison Electric Institute consistently report 0% officer compensation?
The provided data consistently shows 0% officer compensation. This could mean executive salaries are reported under different expense categories, or the organization's leadership structure does not involve traditional officer compensation as defined for this specific reporting field. Further investigation into the full 990 forms would be needed to understand how leadership compensation is handled.
What is the cause of the recurring operational deficits?
Edison Electric Institute has reported expenses exceeding revenue in multiple years (e.g., 2023, 2019, 2018, 2017, 2016, 2015). This trend suggests that the organization's annual operating costs frequently outpace its incoming revenue, potentially relying on reserves or other non-operating income to cover the difference. A detailed analysis of revenue sources and expense categories would be necessary to pinpoint the exact causes.
How does the organization manage its growing liabilities?
Liabilities have steadily increased, reaching $171,502,781 in 2023. While assets have also grown, the increasing liabilities warrant attention to understand their nature (e.g., long-term debt, program-related liabilities) and how the organization plans to manage or reduce them relative to its asset base.
Filing History
IRS 990 filing history for Edison Electric Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Edison Electric Institute's revenue has grown by 14.3%, moving from $84.0M to $96.0M. Total assets increased by 118.2% over the same period, from $101.6M to $221.6M. Total functional expenses rose by 33.7%, from $77.5M to $103.5M. In its most recent filing year (2023), Edison Electric Institute reported a deficit of $7.5M, with expenses exceeding revenue. The organization holds $171.5M in liabilities against $221.6M in assets (debt-to-asset ratio: 77.4%), resulting in net assets of $50.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96.0M | $103.5M | $221.6M | $171.5M | — | — |
| 2022 | $86.1M | $83.2M | $217.5M | $165.3M | — | View 990 |
| 2021 | $81.1M | $73.3M | $198.9M | $143.7M | — | View 990 |
| 2020 | $79.6M | $75.3M | $175.7M | $144.9M | — | View 990 |
| 2019 | $90.1M | $92.0M | $154.8M | $124.3M | — | — |
| 2018 | $91.1M | $94.7M | $141.4M | $110.1M | — | View 990 |
| 2017 | $91.0M | $91.4M | $142.0M | $113.0M | — | View 990 |
| 2016 | $96.5M | $97.0M | $136.5M | $106.0M | — | View 990 |
| 2015 | $90.1M | $90.4M | $138.4M | $112.0M | — | View 990 |
| 2014 | $85.3M | $82.4M | $121.0M | $95.9M | — | View 990 |
| 2013 | $84.1M | $83.6M | $115.8M | $82.5M | — | View 990 |
| 2012 | $85.4M | $82.8M | $108.3M | $94.6M | — | View 990 |
| 2011 | $84.0M | $77.5M | $101.6M | $85.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96.0M, expenses of $103.5M, and assets of $221.6M (revenue +11.5% year-over-year).
- 2022: Revenue of $86.1M, expenses of $83.2M, and assets of $217.5M (revenue +6.2% year-over-year).
- 2021: Revenue of $81.1M, expenses of $73.3M, and assets of $198.9M (revenue +1.9% year-over-year).
- 2020: Revenue of $79.6M, expenses of $75.3M, and assets of $175.7M (revenue -11.7% year-over-year).
- 2019: Revenue of $90.1M, expenses of $92.0M, and assets of $154.8M (revenue -1.1% year-over-year).
- 2018: Revenue of $91.1M, expenses of $94.7M, and assets of $141.4M (revenue +0.1% year-over-year).
- 2017: Revenue of $91.0M, expenses of $91.4M, and assets of $142.0M (revenue -5.7% year-over-year).
- 2016: Revenue of $96.5M, expenses of $97.0M, and assets of $136.5M (revenue +7.2% year-over-year).
- 2015: Revenue of $90.1M, expenses of $90.4M, and assets of $138.4M (revenue +5.6% year-over-year).
- 2014: Revenue of $85.3M, expenses of $82.4M, and assets of $121.0M (revenue +1.4% year-over-year).
- 2013: Revenue of $84.1M, expenses of $83.6M, and assets of $115.8M (revenue -1.5% year-over-year).
- 2012: Revenue of $85.4M, expenses of $82.8M, and assets of $108.3M (revenue +1.6% year-over-year).
- 2011: Revenue of $84.0M, expenses of $77.5M, and assets of $101.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edison Electric Institute:
Data Sources and Methodology
This transparency report for Edison Electric Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.