International Brotherhood Of Electrical Workers
International Brotherhood Of Electrical Workers shows consistent asset growth and zero officer compensation over a decade.
EIN: 10226195 · Newport, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $584K |
| Program Spending | 85% |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is International Brotherhood Of Electrical Workers Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Brotherhood Of Electrical Workers directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Brotherhood Of Electrical Workers
International Brotherhood Of Electrical Workers (EIN: 10226195) is a nonprofit organization based in Newport, ME. The organization reported total revenue of $1.2M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Brotherhood Of Electrical Workers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Brotherhood Of Electrical Workers is a mid-size nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $910K |
| Total Expenses | $584K |
| Surplus / Deficit | +$327K |
| Total Assets | $1.5M |
| Total Liabilities | $4K |
| Net Assets | $1.5M |
| Operating Margin | 35.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 31.6 months |
Financial Health Grade: A
In 2024, International Brotherhood Of Electrical Workers reported a surplus of $327K with revenue exceeding expenses, holds 31.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2024), International Brotherhood Of Electrical Workers's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.5% | +16.6% | +27.3% |
| 2023 | +27.4% | -3.3% | +38.8% |
| 2022 | +14.4% | +2.6% | +11.1% |
| 2021 | +1.1% | -8.7% | +21.4% |
| 2020 | +32.6% | +14.9% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1940 |
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 International Brotherhood Of Electrical Workers with a Mission Score of 85 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, International Brotherhood Of Electrical Workers 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $327K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are being used for executive salaries, which is highly unusual and suggests a volunteer-led or very lean leadership structure.
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 International Brotherhood Of Electrical Workers's IRS 990 filings:
- NTEE Code is unknown, limiting understanding of specific mission area
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for International Brotherhood Of Electrical Workers:
- Consistent asset growth over the past decade, from $370,856 in 2015 to $1,535,657 in 2024
- Zero officer compensation reported across all filings, indicating efficient use of funds
- Revenue consistently exceeding expenses in recent years, leading to healthy net income
- Low liabilities relative to assets, demonstrating strong financial solvency
- Consistent IRS 990 filing history (13 filings), indicating good transparency
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: 10226195) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does International Brotherhood Of Electrical Workers spend its money?
International Brotherhood Of Electrical Workers directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to International Brotherhood Of Electrical Workers tax-deductible?
International Brotherhood Of Electrical Workers is registered as a tax-exempt nonprofit (EIN: 10226195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of International Brotherhood Of Electrical Workers's spending goes to programs?
International Brotherhood Of Electrical Workers directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is International Brotherhood Of Electrical Workers located?
International Brotherhood Of Electrical Workers is headquartered in Newport, Maine and files with the IRS under EIN 10226195.
How many years of IRS 990 filings does International Brotherhood Of Electrical Workers have?
International Brotherhood Of Electrical Workers has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
Is International Brotherhood Of Electrical Workers a good charity?
Based on the available financial data, the organization appears to be financially healthy, with consistent asset growth and no reported officer compensation, suggesting a strong focus on its mission and efficient use of funds. However, without detailed program spending breakdowns, a full assessment of its charitable impact is limited.
How has the organization's financial health changed over time?
The organization has shown significant financial growth, with assets increasing from $370,856 in 2015 to $1,535,657 in 2024. Revenue has generally outpaced expenses, leading to this healthy asset accumulation.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, indicating a highly efficient approach where no funds are allocated to executive salaries.
Filing History
IRS 990 filing history for International Brotherhood Of Electrical Workers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), International Brotherhood Of Electrical Workers's revenue has grown by 188.5%, moving from $315K to $910K. Total assets increased by 616% over the same period, from $214K to $1.5M. Total functional expenses rose by 99.2%, from $293K to $584K. In its most recent filing year (2024), International Brotherhood Of Electrical Workers reported a surplus of $327K, with revenue exceeding expenses. The organization holds $4K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $910K | $584K | $1.5M | $4K | — | View 990 |
| 2023 | $847K | $500K | $1.2M | $1K | — | View 990 |
| 2022 | $665K | $518K | $870K | $3K | — | View 990 |
| 2021 | $581K | $505K | $783K | $64K | — | View 990 |
| 2020 | $575K | $553K | $645K | $5K | — | View 990 |
| 2019 | $433K | $481K | $613K | $1K | — | View 990 |
| 2018 | $835K | $436K | $657K | $3K | — | — |
| 2017 | $393K | $412K | $258K | $3K | — | View 990 |
| 2016 | $320K | $412K | $277K | $2K | — | View 990 |
| 2015 | $367K | $419K | $371K | $5K | — | View 990 |
| 2014 | $355K | $437K | $449K | $5K | — | View 990 |
| 2012 | $434K | $329K | $318K | $4K | — | View 990 |
| 2011 | $315K | $293K | $214K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $910K, expenses of $584K, and assets of $1.5M (revenue +7.5% year-over-year).
- 2023: Revenue of $847K, expenses of $500K, and assets of $1.2M (revenue +27.4% year-over-year).
- 2022: Revenue of $665K, expenses of $518K, and assets of $870K (revenue +14.4% year-over-year).
- 2021: Revenue of $581K, expenses of $505K, and assets of $783K (revenue +1.1% year-over-year).
- 2020: Revenue of $575K, expenses of $553K, and assets of $645K (revenue +32.6% year-over-year).
- 2019: Revenue of $433K, expenses of $481K, and assets of $613K (revenue -48.1% year-over-year).
- 2018: Revenue of $835K, expenses of $436K, and assets of $657K (revenue +112.2% year-over-year).
- 2017: Revenue of $393K, expenses of $412K, and assets of $258K (revenue +22.8% year-over-year).
- 2016: Revenue of $320K, expenses of $412K, and assets of $277K (revenue -12.7% year-over-year).
- 2015: Revenue of $367K, expenses of $419K, and assets of $371K (revenue +3.4% year-over-year).
- 2014: Revenue of $355K, expenses of $437K, and assets of $449K (revenue -18.3% year-over-year).
- 2012: Revenue of $434K, expenses of $329K, and assets of $318K (revenue +37.7% year-over-year).
- 2011: Revenue of $315K, expenses of $293K, and assets of $214K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Brotherhood Of Electrical Workers:
Data Sources and Methodology
This transparency report for International Brotherhood Of Electrical Workers 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.