International Brotherhood Of Electrical Workers
IBEW Ithaca maintains stable finances with no reported officer compensation and growing assets.
EIN: 150347943 · Ithaca, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $2.0M |
| 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: 150347943) is a nonprofit organization based in Ithaca, NY. The organization reported total revenue of $2.2M and total assets of $2.3M 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 3.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$322K |
| Total Assets | $2.1M |
| Total Liabilities | $15K |
| Net Assets | $2.0M |
| Operating Margin | 21.5% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 21.1 months |
Financial Health Grade: A
In 2024, International Brotherhood Of Electrical Workers reported a surplus of $322K with revenue exceeding expenses, holds 21.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (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 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +21.8% | -4.7% | +23.9% |
| 2023 | +2.5% | -10.5% | +6.2% |
| 2022 | +1.4% | +32.8% | -19.4% |
| 2021 | +3.7% | -4.9% | +18.6% |
| 2020 | -4.6% | -12.6% | -2.0% |
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 $322K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization with revenues consistently over $1 million 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 Unknown, limiting comparative analysis
- 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 reporting of 0% officer compensation
- Strong asset growth over time, from $1,569,323 in 201506 to $2,064,880 in 202406
- Very low liabilities relative to assets, indicating strong financial stability
- Generally positive net income (revenue exceeding expenses) in most recent periods
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance
Frequently Asked Questions about International Brotherhood Of Electrical Workers
Is International Brotherhood Of Electrical Workers a legitimate charity?
International Brotherhood Of Electrical Workers (EIN: 150347943) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.2M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does International Brotherhood Of Electrical Workers spend its money?
International Brotherhood Of Electrical Workers directs 85% of its spending to programs and services. Fundraising costs 5%. 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: 150347943). 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 $1 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 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 Ithaca, New York and files with the IRS under EIN 150347943.
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 $2.2M in total revenue.
How does IBEW Ithaca manage to operate without reported officer compensation?
The filings consistently show 0% officer compensation, which could imply that leadership roles are filled by volunteers, or compensation is structured in a way not captured under 'officer compensation' on the 990, or it's covered by a larger parent organization.
What are the primary program activities funded by IBEW Ithaca?
The provided data does not detail specific program activities. To understand this, one would need to review the organization's mission statement and detailed expense schedules within their full IRS Form 990.
Is the organization's revenue growth sustainable?
Revenue has shown fluctuations but a general upward trend in recent years, from $961,917 in 201506 to $1,493,553 in 202406. This growth, coupled with controlled expenses, suggests a sustainable financial model, though future sustainability depends on continued member engagement and economic factors.
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 47.3%, moving from $1.0M to $1.5M. Total assets increased by 37.7% over the same period, from $1.5M to $2.1M. Total functional expenses rose by 16%, from $1.0M to $1.2M. In its most recent filing year (2024), International Brotherhood Of Electrical Workers reported a surplus of $322K, with revenue exceeding expenses. The organization holds $15K in liabilities against $2.1M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $1.2M | $2.1M | $15K | — | View 990 |
| 2023 | $1.2M | $1.2M | $1.7M | $9K | — | View 990 |
| 2022 | $1.2M | $1.4M | $1.6M | $8K | — | View 990 |
| 2021 | $1.2M | $1.0M | $1.9M | $625 | — | View 990 |
| 2020 | $1.1M | $1.1M | $1.6M | $286 | — | View 990 |
| 2019 | $1.2M | $1.2M | $1.7M | $4K | — | View 990 |
| 2018 | $1.2M | $1.0M | $1.7M | $4K | — | View 990 |
| 2017 | $1.1M | $1.2M | $1.5M | $3K | — | View 990 |
| 2016 | $970K | $1.0M | $1.5M | $3K | — | View 990 |
| 2015 | $962K | $1.1M | $1.6M | $3K | — | View 990 |
| 2014 | $1.1M | $911K | $1.8M | $4K | — | View 990 |
| 2012 | $848K | $935K | $1.4M | $32K | — | View 990 |
| 2011 | $1.0M | $1.0M | $1.5M | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $1.2M, and assets of $2.1M (revenue +21.8% year-over-year).
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $1.7M (revenue +2.5% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.4M, and assets of $1.6M (revenue +1.4% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.0M, and assets of $1.9M (revenue +3.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $1.6M (revenue -4.6% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $1.7M (revenue -3.5% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.0M, and assets of $1.7M (revenue +10.0% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $1.5M (revenue +15.9% year-over-year).
- 2016: Revenue of $970K, expenses of $1.0M, and assets of $1.5M (revenue +0.8% year-over-year).
- 2015: Revenue of $962K, expenses of $1.1M, and assets of $1.6M (revenue -9.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $911K, and assets of $1.8M (revenue +25.6% year-over-year).
- 2012: Revenue of $848K, expenses of $935K, and assets of $1.4M (revenue -16.4% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $1.5M.
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.