International Brotherhood Of Electrical Workers

International Brotherhood Of Electrical Workers consistently operates with a surplus and zero reported officer compensation.

EIN: 131402906 · New York, NY · Updated: 2026-03-28

$2.2MRevenue
$3.2MAssets
92/100Mission Score (Excellent)
International Brotherhood Of Electrical Workers Financial Summary
MetricValue
Total Revenue$2.2M
Total Expenses$2.0M
Program Spending90%
CEO/Top Officer Pay$2
Net Assets$3.1M
Transparency Score92/100

Is International Brotherhood Of Electrical Workers Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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 90% 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: 131402906) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.2M and total assets of $3.2M 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

86Years Operating
Mid-SizeSize Classification
12Years of Filings
MixedRevenue Trajectory

International Brotherhood Of Electrical Workers is a mid-size nonprofit that has been operating for 86 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.3M
Total Expenses$2.0M
Surplus / Deficit+$277K
Total Assets$3.1M
Net Assets$3.1M
Operating Margin12.1%
Months of Reserves18.6 months

Financial Health Grade: A

In 2023, International Brotherhood Of Electrical Workers reported a surplus of $277K with revenue exceeding expenses, holds 18.6 months of operating reserves (strong position).

Financial Trends

Over 12 years of filings (2012–2023), International Brotherhood Of Electrical Workers's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+8.9%-5.5%+9.8%
2022-1.0%+8.5%-0.9%
2021-2.4%-2.1%+6.0%
2020-8.7%-5.2%+6.8%
2019-4.6%-13.7%+11.9%

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date1940

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The International Brotherhood Of Electrical Workers (IBEW) in New York, NY, demonstrates consistent financial stability with growing assets and a healthy revenue stream. Over the past decade, the organization has generally maintained revenues above expenses, leading to an increase in assets from $1,723,981 in 2014 to $3,110,728 in 2023. The latest filing shows revenue of $2,285,818 against expenses of $2,008,579, indicating a surplus that contributes to its financial health. The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a significant portion of its operational budget is directed towards its core activities rather than executive salaries. The absence of reported liabilities in most recent years further underscores a prudent financial management approach. Transparency is high, as evidenced by the consistent filing of IRS Form 990s over 12 periods and the clear reporting of key financial metrics. The consistent zero officer compensation is a notable aspect of its financial transparency, indicating that the organization is not burdened by high executive pay, which is often a concern for nonprofits. The detailed financial history allows for a clear understanding of its financial trajectory and operational priorities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Brotherhood Of Electrical Workers with a Mission Score of 92 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, International Brotherhood Of Electrical Workers allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$2.3MTotal Revenue
$2.0MTotal Expenses
$3.1MTotal Assets
$3.1MNet Assets
  • The organization reported a surplus of $277K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of this size with over $2 million in annual 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 International Brotherhood Of Electrical Workers's IRS 990 filings:

  • Unusually low or zero reported officer compensation, which might indicate compensation is reported in other categories or roles are voluntary, warranting further investigation into operational structure.

Strengths

The following positive indicators were identified for International Brotherhood Of Electrical Workers:

  • Consistent financial surpluses, with revenue exceeding expenses in most years.
  • Strong asset growth over the past decade, indicating financial stability.
  • Zero reported officer compensation, suggesting a high proportion of funds are directed towards mission-related activities.
  • Minimal to no reported liabilities, demonstrating sound financial management.
  • Consistent IRS 990 filing history, indicating good transparency.

Frequently Asked Questions about International Brotherhood Of Electrical Workers

Is International Brotherhood Of Electrical Workers a legitimate charity?

International Brotherhood Of Electrical Workers (EIN: 131402906) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does International Brotherhood Of Electrical Workers spend its money?

International Brotherhood Of Electrical Workers directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to International Brotherhood Of Electrical Workers tax-deductible?

International Brotherhood Of Electrical Workers is registered as a tax-exempt nonprofit (EIN: 131402906). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the International Brotherhood Of Electrical Workers CEO make?

International Brotherhood Of Electrical Workers's highest-compensated officer earns $2 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of International Brotherhood Of Electrical Workers's spending goes to programs?

International Brotherhood Of Electrical Workers directs 90% to programs, 3% 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 New York, New York and files with the IRS under EIN 131402906.

How many years of IRS 990 filings does International Brotherhood Of Electrical Workers have?

International Brotherhood Of Electrical Workers has 12 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 $2.2M in total revenue.

Is International Brotherhood Of Electrical Workers a good charity?

Based on the available financial data, the organization demonstrates strong financial health, consistent surpluses, and a remarkable commitment to directing funds away from executive compensation. Its consistent asset growth and lack of liabilities are positive indicators.

How does the organization manage its finances given 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that leadership roles may be voluntary, compensated through other means not reported as officer compensation on the 990, or that the organization's structure allows for operational efficiency without direct officer salaries.

What is the trend in the organization's assets?

The organization's assets have shown a consistent upward trend, increasing from $1,723,981 in 2014 to $3,110,728 in 2023, indicating strong financial growth and stability.

Filing History

IRS 990 filing history for International Brotherhood Of Electrical Workers showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), International Brotherhood Of Electrical Workers's revenue has grown by 31.9%, moving from $1.7M to $2.3M. Total assets increased by 53.9% over the same period, from $2.0M to $3.1M. Total functional expenses rose by 16%, from $1.7M to $2.0M. In its most recent filing year (2023), International Brotherhood Of Electrical Workers reported a surplus of $277K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.3M $2.0M $3.1M $0 View 990
2022 $2.1M $2.1M $2.8M $0 View 990
2021 $2.1M $2.0M $2.9M $0
2020 $2.2M $2.0M $2.7M $10
2019 $2.4M $2.1M $2.5M $258 View 990
2018 $2.5M $2.4M $2.3M $257 View 990
2017 $2.4M $2.2M $2.2M $1K View 990
2016 $2.5M $2.1M $2.0M $0 View 990
2015 $2.1M $2.3M $1.6M $2K View 990
2014 $2.2M $2.4M $1.7M $0 View 990
2013 $1.8M $1.8M $1.9M $26K View 990
2012 $1.7M $1.7M $2.0M $55K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.3M, expenses of $2.0M, and assets of $3.1M (revenue +8.9% year-over-year).
  • 2022: Revenue of $2.1M, expenses of $2.1M, and assets of $2.8M (revenue -1.0% year-over-year).
  • 2021: Revenue of $2.1M, expenses of $2.0M, and assets of $2.9M (revenue -2.4% year-over-year).
  • 2020: Revenue of $2.2M, expenses of $2.0M, and assets of $2.7M (revenue -8.7% year-over-year).
  • 2019: Revenue of $2.4M, expenses of $2.1M, and assets of $2.5M (revenue -4.6% year-over-year).
  • 2018: Revenue of $2.5M, expenses of $2.4M, and assets of $2.3M (revenue +4.8% year-over-year).
  • 2017: Revenue of $2.4M, expenses of $2.2M, and assets of $2.2M (revenue -5.5% year-over-year).
  • 2016: Revenue of $2.5M, expenses of $2.1M, and assets of $2.0M (revenue +17.7% year-over-year).
  • 2015: Revenue of $2.1M, expenses of $2.3M, and assets of $1.6M (revenue -1.9% year-over-year).
  • 2014: Revenue of $2.2M, expenses of $2.4M, and assets of $1.7M (revenue +21.8% year-over-year).
  • 2013: Revenue of $1.8M, expenses of $1.8M, and assets of $1.9M (revenue +3.3% year-over-year).
  • 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $2.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for International Brotherhood Of Electrical Workers:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

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.

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