International Brotherhood Of Electrical Workers

International Brotherhood Of Electrical Workers shows recent financial stability after years of deficit spending.

EIN: 20280098 · Manchester, NH · Updated: 2026-03-28

$856KRevenue
$855KGross Revenue
$815KAssets
75/100Mission Score (Good)
International Brotherhood Of Electrical Workers Financial Summary
MetricValue
Total Revenue$856K
Total Expenses$803K
Program Spending70%
CEO/Top Officer Pay$1
Net Assets$815K
Transparency Score75/100

Is International Brotherhood Of Electrical Workers Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 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 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About International Brotherhood Of Electrical Workers

International Brotherhood Of Electrical Workers (EIN: 20280098) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $856K and total assets of $815K 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
SmallSize Classification
11Years of Filings
MixedRevenue Trajectory

International Brotherhood Of Electrical Workers is a small nonprofit that has been operating for 86 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -3.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$887K
Total Expenses$803K
Surplus / Deficit+$84K
Total Assets$816K
Total Liabilities$841
Net Assets$815K
Operating Margin9.4%
Debt-to-Asset Ratio0.1%
Months of Reserves12.2 months

Financial Health Grade: A

In 2023, International Brotherhood Of Electrical Workers reported a surplus of $84K with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).

Financial Trends

Over 11 years of filings (2012–2023), International Brotherhood Of Electrical Workers's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023-1.7%+5.0%+10.8%
2022-5.9%-11.2%+18.5%
2021-12.4%-24.1%+21.2%
2020+8.0%-2.4%-4.6%
2019-12.0%+0.9%-23.3%

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 Manchester, NH, demonstrates a consistent financial pattern over the past decade, with revenues generally exceeding expenses in recent years, leading to a growth in assets. For instance, in 2023, the organization reported revenues of $887,035 against expenses of $803,431, contributing to an asset base of $815,821. This trend of positive net income is a recent development, as the organization experienced several years of expenses exceeding revenue between 2015 and 2020. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 11 filings available, indicating a commitment to public disclosure. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent reporting of 0% officer compensation across all available filings suggests that executive compensation is not a significant drain on resources, or that officers are compensated through other means not captured in this specific line item.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Brotherhood Of Electrical Workers with a Mission Score of 75 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, International Brotherhood Of Electrical Workers allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$887KTotal Revenue
$803KTotal Expenses
$816KTotal Assets
$841Total Liabilities
$815KNet Assets
  • The organization reported a surplus of $84K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.1%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, suggesting that officers are either uncompensated or compensated through mechanisms not categorized as 'officer compensation' on the 990, which is unusual for an organization of its size with revenues approaching $1 million.

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:

  • Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided data
  • Consistent 0% officer compensation may indicate compensation is reported elsewhere or not at market rates, warranting further investigation
  • History of deficit spending in prior years (e.g., 2015-2020)

Strengths

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

  • Improved financial health with revenues exceeding expenses in recent years (e.g., $887,035 revenue vs. $803,431 expenses in 2023)
  • Consistent filing of IRS Form 990s, indicating transparency
  • Growing asset base in recent years (e.g., from $512,928 in 2020 to $815,821 in 2023)
  • Low liabilities relative to assets

Frequently Asked Questions about International Brotherhood Of Electrical Workers

Is International Brotherhood Of Electrical Workers a legitimate charity?

International Brotherhood Of Electrical Workers (EIN: 20280098) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $856K. 3 red flags identified. 4 strengths noted. Financial health grade: A.

How does International Brotherhood Of Electrical Workers spend its money?

International Brotherhood Of Electrical Workers directs 70% of its spending to programs and services. Fundraising costs 10%. This meets 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: 20280098). 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 $856K 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 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is International Brotherhood Of Electrical Workers located?

International Brotherhood Of Electrical Workers is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20280098.

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

International Brotherhood Of Electrical Workers has 11 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 $856K in total revenue.

Is International Brotherhood Of Electrical Workers a good charity?

Based on the available financial data, the organization has demonstrated improved financial health in recent years, with revenues exceeding expenses. Its consistent filing of IRS 990s indicates transparency. However, without a detailed breakdown of program spending, it's difficult to fully assess its programmatic impact and efficiency.

What caused the shift from deficit spending to positive net income?

The filings show a trend where expenses were frequently higher than revenue from 2015 to 2020. Starting in 2021, the organization consistently reported revenues exceeding expenses, for example, $887,035 revenue vs. $803,431 expenses in 2023. The specific operational or strategic changes leading to this improvement are not detailed in the provided financial summary.

How does the organization manage its liabilities?

Liabilities have generally been low, often reported at $0 or very small amounts in several years. In 2023 and 2022, liabilities were reported at $841, which is a very small fraction of its assets ($815,821 in 2023), indicating a healthy balance sheet in this regard.

Filing History

IRS 990 filing history for International Brotherhood Of Electrical Workers showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2012–2023), International Brotherhood Of Electrical Workers's revenue has declined by 34.5%, moving from $1.4M to $887K. Total assets increased by 0.7% over the same period, from $810K to $816K. Total functional expenses fell by 37.4%, from $1.3M to $803K. In its most recent filing year (2023), International Brotherhood Of Electrical Workers reported a surplus of $84K, with revenue exceeding expenses. The organization holds $841 in liabilities against $816K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $815K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $887K $803K $816K $841 View 990
2022 $903K $765K $736K $841 View 990
2021 $959K $862K $621K $3K
2020 $1.1M $1.1M $513K $13K
2019 $1.0M $1.2M $537K $0 View 990
2018 $1.2M $1.2M $701K $15K View 990
2017 $963K $973K $692K $0 View 990
2016 $1.0M $975K $676K $2K View 990
2015 $931K $1.2M $653K $35K View 990
2013 $1.3M $1.3M $841K $50K View 990
2012 $1.4M $1.3M $810K $849 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $887K, expenses of $803K, and assets of $816K (revenue -1.7% year-over-year).
  • 2022: Revenue of $903K, expenses of $765K, and assets of $736K (revenue -5.9% year-over-year).
  • 2021: Revenue of $959K, expenses of $862K, and assets of $621K (revenue -12.4% year-over-year).
  • 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $513K (revenue +8.0% year-over-year).
  • 2019: Revenue of $1.0M, expenses of $1.2M, and assets of $537K (revenue -12.0% year-over-year).
  • 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $701K (revenue +19.8% year-over-year).
  • 2017: Revenue of $963K, expenses of $973K, and assets of $692K (revenue -6.6% year-over-year).
  • 2016: Revenue of $1.0M, expenses of $975K, and assets of $676K (revenue +10.7% year-over-year).
  • 2015: Revenue of $931K, expenses of $1.2M, and assets of $653K (revenue -25.6% year-over-year).
  • 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $841K (revenue -7.6% year-over-year).
  • 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $810K.

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 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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