Industrial Energy Consumers Of America
Industrial Energy Consumers Of America: Advocacy with High Administrative Costs
EIN: 222466569 · Washington, DC · Updated: 2026-04-04
Is Industrial Energy Consumers Of America Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Industrial Energy Consumers Of America directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Industrial Energy Consumers Of America
Industrial Energy Consumers Of America (EIN: 222466569) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $1.3M and total assets of $474K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Industrial Energy Consumers Of America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Industrial Energy Consumers Of America is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$159K |
| Total Assets | $626K |
| Total Liabilities | $204K |
| Net Assets | $422K |
| Operating Margin | 9.0% |
| Debt-to-Asset Ratio | 32.6% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2023, Industrial Energy Consumers Of America reported a surplus of $159K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 32.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Industrial Energy Consumers Of America's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.7% | +47.1% | +33.3% |
| 2022 | +39.1% | +73.8% | -1.9% |
| 2021 | +29.0% | +0.2% | +44.6% |
| 2020 | -0.9% | +7.2% | -6.1% |
| 2019 | +1.8% | +8.6% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Industrial Energy Consumers Of America 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: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Industrial Energy Consumers Of America allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $159K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.6%.
Executive Compensation Analysis
Executive compensation for the highest paid individual was $203,798 in 2023, which represents a significant portion of the organization's total expenses ($1,759,953) and is a notable figure for an organization of this size.
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 Industrial Energy Consumers Of America's IRS 990 filings:
- Administrative expenses consistently represent a substantial portion of total expenses, reaching $1,600,711 in 2023.
- The organization's net assets have fluctuated, showing a decrease from $478,746 in 2021 to $473,887 in 2023, despite increasing revenue.
- The mission statement is not clearly defined in the provided data, making it difficult to assess program effectiveness.
Strengths
The following positive indicators were identified for Industrial Energy Consumers Of America:
- Consistent revenue generation over several years, with a notable increase in 2023 to $1,759,953.
- Maintains a positive asset balance, indicating financial stability.
- Engages in advocacy for industrial energy consumers, addressing a specific sector need.
Frequently Asked Questions about Industrial Energy Consumers Of America
Is Industrial Energy Consumers Of America a legitimate charity?
Based on AI analysis of IRS 990 filings, Industrial Energy Consumers Of America (EIN: 222466569) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Industrial Energy Consumers Of America spend its money?
Industrial Energy Consumers Of America directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Industrial Energy Consumers Of America tax-deductible?
Industrial Energy Consumers Of America is registered as a tax-exempt nonprofit (EIN: 222466569). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Industrial Energy Consumers Of America do?
Industrial Energy Consumers Of America is a nonprofit organization in the Unknown sector, located in Washington, District of Columbia. It is classified under NTEE code Unknown.
How much revenue does Industrial Energy Consumers Of America have?
Industrial Energy Consumers Of America reported total revenue of $1,326,236. Based on 13 IRS 990 filings on record.
What are Industrial Energy Consumers Of America's total assets?
Industrial Energy Consumers Of America holds total assets of $473,887 as reported in IRS 990 filings.
Where is Industrial Energy Consumers Of America located?
Industrial Energy Consumers Of America is based in Washington, District of Columbia.
What is Industrial Energy Consumers Of America's EIN?
Industrial Energy Consumers Of America's Employer Identification Number (EIN) is 222466569. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Industrial Energy Consumers Of America?
Industrial Energy Consumers Of America is classified under NTEE code Unknown (Unknown).
Is Industrial Energy Consumers Of America a registered 501(c)(3)?
Industrial Energy Consumers Of America appears in IRS records (EIN: 222466569). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Industrial Energy Consumers Of America file IRS Form 990?
Yes, Industrial Energy Consumers Of America has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Industrial Energy Consumers Of America's revenue in 2023?
In the 202312 filing period, Industrial Energy Consumers Of America reported total revenue of $1,759,953, total expenses of $1,600,711, and net assets of $625,719.
Is Industrial Energy Consumers Of America's revenue growing or declining?
Industrial Energy Consumers Of America's revenue is growing. Revenue went from $1,075,435 (202212) to $1,759,953 (202312), a +63.7% change. Based on 13 filings on record.
What is Industrial Energy Consumers Of America's most recent 990 filing?
The most recent IRS Form 990 filing for Industrial Energy Consumers Of America covers tax period 202312. It shows revenue of $1,759,953, expenses of $1,600,711, total assets of $625,719, and liabilities of $203,798.
How much does Industrial Energy Consumers Of America spend on programs vs administration?
Based on IRS 990 analysis, Industrial Energy Consumers Of America allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Industrial Energy Consumers Of America a trustworthy charity?
Based on AI analysis of IRS 990 data, Industrial Energy Consumers Of America shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Industrial Energy Consumers Of America?
The following concerns were identified: Administrative expenses consistently represent a substantial portion of total expenses, reaching $1,600,711 in 2023.. The organization's net assets have fluctuated, showing a decrease from $478,746 in 2021 to $473,887 in 2023, despite increasing revenue.. The mission statement is not clearly defined in the provided data, making it difficult to assess program effectiveness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Industrial Energy Consumers Of America's strengths?
Positive indicators for Industrial Energy Consumers Of America include: Consistent revenue generation over several years, with a notable increase in 2023 to $1,759,953.. Maintains a positive asset balance, indicating financial stability.. Engages in advocacy for industrial energy consumers, addressing a specific sector need.. These findings are derived from AI analysis of the organization's financial filings.
How does Industrial Energy Consumers Of America compensate executives?
Executive compensation for the highest paid individual was $203,798 in 2023, which represents a significant portion of the organization's total expenses ($1,759,953) and is a notable figure for an organization of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the high administrative costs, how does the organization justify its operational efficiency in achieving its advocacy goals?
The provided data indicates that administrative expenses are a significant component of the budget, suggesting a need for further explanation on how these costs directly contribute to effective advocacy and program outcomes, especially when compared to direct program spending.
What specific metrics or outcomes does Industrial Energy Consumers Of America use to measure the impact of its advocacy efforts?
Without a detailed program report or specific impact metrics, it's challenging to ascertain how the organization quantifies the success of its advocacy. The financial data alone does not provide insight into policy changes influenced or member benefits achieved.
Filing History
IRS 990 filing history for Industrial Energy Consumers Of America showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Industrial Energy Consumers Of America's revenue has grown by 234.4%, moving from $526K to $1.8M. Total assets increased by 204% over the same period, from $206K to $626K. Total functional expenses rose by 222.7%, from $496K to $1.6M. In its most recent filing year (2023), Industrial Energy Consumers Of America reported a surplus of $159K, with revenue exceeding expenses. The organization holds $204K in liabilities against $626K in assets (debt-to-asset ratio: 32.6%), resulting in net assets of $422K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.6M | $626K | $204K | — | — |
| 2022 | $1.1M | $1.1M | $469K | $207K | — | View 990 |
| 2021 | $773K | $626K | $479K | $203K | — | View 990 |
| 2020 | $599K | $625K | $331K | $203K | — | — |
| 2019 | $605K | $583K | $352K | $199K | — | View 990 |
| 2018 | $594K | $537K | $330K | $198K | — | View 990 |
| 2017 | $655K | $563K | $284K | $208K | — | View 990 |
| 2016 | $568K | $630K | $182K | $199K | — | View 990 |
| 2015 | $625K | $616K | $245K | $199K | — | View 990 |
| 2014 | $670K | $660K | $356K | $318K | — | View 990 |
| 2013 | $568K | $561K | $356K | $327K | — | View 990 |
| 2012 | $665K | $691K | $239K | $218K | — | View 990 |
| 2011 | $526K | $496K | $206K | $159K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.6M, and assets of $626K (revenue +63.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $469K (revenue +39.1% year-over-year).
- 2021: Revenue of $773K, expenses of $626K, and assets of $479K (revenue +29.0% year-over-year).
- 2020: Revenue of $599K, expenses of $625K, and assets of $331K (revenue -0.9% year-over-year).
- 2019: Revenue of $605K, expenses of $583K, and assets of $352K (revenue +1.8% year-over-year).
- 2018: Revenue of $594K, expenses of $537K, and assets of $330K (revenue -9.3% year-over-year).
- 2017: Revenue of $655K, expenses of $563K, and assets of $284K (revenue +15.4% year-over-year).
- 2016: Revenue of $568K, expenses of $630K, and assets of $182K (revenue -9.1% year-over-year).
- 2015: Revenue of $625K, expenses of $616K, and assets of $245K (revenue -6.7% year-over-year).
- 2014: Revenue of $670K, expenses of $660K, and assets of $356K (revenue +17.8% year-over-year).
- 2013: Revenue of $568K, expenses of $561K, and assets of $356K (revenue -14.6% year-over-year).
- 2012: Revenue of $665K, expenses of $691K, and assets of $239K (revenue +26.4% year-over-year).
- 2011: Revenue of $526K, expenses of $496K, and assets of $206K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Industrial Energy Consumers Of America:
Data Sources and Methodology
This transparency report for Industrial Energy Consumers Of America 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.