Institute Of Electrical And Electronics Engineers Inc

Institute of Electrical and Electronics Engineers Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.

EIN: 131656633 · Piscataway, NJ · NTEE: B30 · Updated: 2026-03-28

$1.4BRevenue

$1.5BAssets

90/100Mission Score (Excellent)

B30

About Institute Of Electrical And Electronics Engineers Inc

Institute Of Electrical And Electronics Engineers Inc (EIN: 131656633) is a nonprofit organization based in Piscataway, NJ, classified under NTEE code B30. The organization reported total revenue of $1.4B and total assets of $1.5B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Electrical And Electronics Engineers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Institute of Electrical and Electronics Engineers Inc (IEEE) demonstrates robust financial health, with its assets consistently growing over the past decade, reaching $1.33 billion in 2023. The organization consistently generates significant revenue, with a notable increase to $650 million in 2023 from $478 million in 2020, indicating strong operational performance and member engagement. While specific program spending percentages are not provided in the raw data, the consistent surplus of revenue over expenses suggests efficient management of resources. The absence of reported officer compensation across all filings is a significant positive indicator for transparency and a focus on mission over executive enrichment, though it's important to verify if this means compensation is zero or reported under other categories not explicitly detailed here. Overall, IEEE appears to be a financially stable and well-managed organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Institute Of Electrical And Electronics Engineers Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Institute Of Electrical And Electronics Engineers Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% for Officer Compensation across all periods, which is highly unusual for an organization of this size with over a billion dollars in assets and hundreds of millions in annual revenue. This suggests either that executive compensation is genuinely zero, or it is reported under different expense categories not explicitly labeled as 'Officer Comp' in the provided data, which could be a point for further investigation regarding transparency.

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 Institute Of Electrical And Electronics Engineers Inc's IRS 990 filings:

Unusually low or zero reported officer compensation for an organization of this size, potentially obscuring executive pay details.

Strengths

The following positive indicators were identified for Institute Of Electrical And Electronics Engineers Inc:

Consistent and significant revenue growth, from $454M in 2014 to $650M in 2023.
Strong asset accumulation, growing from $566M in 2014 to $1.33B in 2023.
Consistent positive net income (revenue exceeding expenses) across all reported periods, indicating financial stability.
Low liabilities relative to assets, with liabilities at $290M against assets of $1.33B in 2023.

Frequently Asked Questions about Institute Of Electrical And Electronics Engineers Inc

Is Institute Of Electrical And Electronics Engineers Inc a good charity?

Based on the provided financial data, IEEE appears to be a financially strong and well-managed organization. Its consistent revenue growth, significant asset base, and the reported absence of officer compensation are positive indicators. However, a full assessment would require detailed program spending breakdowns to confirm efficiency in delivering its mission.

How has IEEE's financial health changed over the last decade?

IEEE has shown remarkable financial growth over the last decade. Its assets have more than doubled from $566 million in 2014 to $1.33 billion in 2023, and annual revenue has increased from $454 million in 2014 to $650 million in 2023, indicating robust and sustained financial health.

What is the significance of 0% officer compensation?

The consistent reporting of 0% for officer compensation is highly unusual for an organization of IEEE's scale. It could signify an exceptionally lean executive structure with volunteer leadership, or that executive salaries are categorized differently within the expense reports. This warrants further scrutiny to understand the true compensation structure.

Filing History

IRS 990 filing history for Institute Of Electrical And Electronics Engineers Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Institute Of Electrical And Electronics Engineers Inc's revenue has grown by 64.2%, moving from $395.9M to $650.2M. Total assets increased by 217% over the same period, from $420.2M to $1.3B. Total functional expenses rose by 34.6%, from $397.4M to $534.9M. In its most recent filing year (2023), Institute Of Electrical And Electronics Engineers Inc reported a surplus of $115.3M, with revenue exceeding expenses. The organization holds $290.7M in liabilities against $1.3B in assets (debt-to-asset ratio: 21.8%), resulting in net assets of $1.0B.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$650.2M	$534.9M	$1.3B	$290.7M	—	View 990
2022	$566.4M	$472.2M	$1.1B	$262.5M	—	View 990
2021	$524.8M	$382.2M	$1.2B	$258.5M	—	View 990
2020	$478.3M	$377.6M	$961.1M	$241.1M	—	View 990
2019	$563.3M	$483.0M	$819.6M	$248.4M	—	View 990
2018	$547.0M	$470.7M	$683.2M	$243.5M	—	View 990
2017	$494.4M	$460.3M	$660.5M	$245.5M	—	View 990
2016	$482.7M	$461.9M	$588.0M	$240.2M	—	View 990
2015	$461.6M	$448.5M	$563.7M	$244.2M	—	View 990
2014	$454.4M	$453.9M	$566.4M	$234.3M	—	View 990
2013	$430.0M	$414.9M	$539.9M	$229.2M	—	View 990
2012	$406.8M	$411.0M	$453.8M	$195.2M	—	View 990
2011	$395.9M	$397.4M	$420.2M	$188.8M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $650.2M, expenses of $534.9M, and assets of $1.3B (revenue +14.8% year-over-year).
2022: Revenue of $566.4M, expenses of $472.2M, and assets of $1.1B (revenue +7.9% year-over-year).
2021: Revenue of $524.8M, expenses of $382.2M, and assets of $1.2B (revenue +9.7% year-over-year).
2020: Revenue of $478.3M, expenses of $377.6M, and assets of $961.1M (revenue -15.1% year-over-year).
2019: Revenue of $563.3M, expenses of $483.0M, and assets of $819.6M (revenue +3.0% year-over-year).
2018: Revenue of $547.0M, expenses of $470.7M, and assets of $683.2M (revenue +10.6% year-over-year).
2017: Revenue of $494.4M, expenses of $460.3M, and assets of $660.5M (revenue +2.4% year-over-year).
2016: Revenue of $482.7M, expenses of $461.9M, and assets of $588.0M (revenue +4.6% year-over-year).
2015: Revenue of $461.6M, expenses of $448.5M, and assets of $563.7M (revenue +1.6% year-over-year).
2014: Revenue of $454.4M, expenses of $453.9M, and assets of $566.4M (revenue +5.7% year-over-year).
2013: Revenue of $430.0M, expenses of $414.9M, and assets of $539.9M (revenue +5.7% year-over-year).
2012: Revenue of $406.8M, expenses of $411.0M, and assets of $453.8M (revenue +2.8% year-over-year).
2011: Revenue of $395.9M, expenses of $397.4M, and assets of $420.2M.

Data Sources and Methodology

This transparency report for Institute Of Electrical And Electronics Engineers Inc 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.