International Brotherhood Of Electrical Workers
International Brotherhood Of Electrical Workers shows consistent revenue growth and significant asset accumulation over the last decade.
EIN: 221010190 · Paramus, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.9M |
| Total Expenses | $6.3M |
| Program Spending | 75% |
| Net Assets | $48.2M |
| Transparency Score | 80/100 |
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 75% 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: 221010190) is a nonprofit organization based in Paramus, NJ. The organization reported total revenue of $11.9M and total assets of $55.1M 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 large nonprofit that has been operating for 86 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.5M |
| Total Expenses | $6.3M |
| Surplus / Deficit | +$4.2M |
| Total Assets | $49.5M |
| Total Liabilities | $1.2M |
| Net Assets | $48.2M |
| Operating Margin | 40.2% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 94.9 months |
Financial Health Grade: A
In 2023, International Brotherhood Of Electrical Workers reported a surplus of $4.2M with revenue exceeding expenses, holds 94.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), International Brotherhood Of Electrical Workers's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.7% | +9.4% | +10.7% |
| 2022 | +5.8% | +1.0% | +13.7% |
| 2021 | +16.9% | +1.9% | +14.8% |
| 2020 | -16.8% | -0.3% | +11.1% |
| 2019 | +13.8% | +3.0% | +22.2% |
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 80 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, International Brotherhood Of Electrical Workers allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:
- The organization reported a surplus of $4.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which suggests that either officers are not compensated directly by this entity, their compensation falls below reporting thresholds, or it is handled by a related organization. This lack of reported compensation on the 990 makes it difficult to assess executive compensation relative to the organization's size and financial activity.
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 officer compensation reporting on 990s, making it difficult to assess leadership pay transparency.
Strengths
The following positive indicators were identified for International Brotherhood Of Electrical Workers:
- Consistent and strong revenue growth, increasing from $7.4M in 2014 to $10.4M in 2023.
- Significant and steady asset accumulation, growing from $12.4M in 2014 to $49.4M in 2023, demonstrating financial stability.
- Consistent operation with a substantial revenue surplus each year, indicating sound financial management.
- Low liabilities relative to assets, with liabilities at $1,228,475 against assets of $49,460,999 in 2023, suggesting strong financial health.
Frequently Asked Questions about International Brotherhood Of Electrical Workers
Is International Brotherhood Of Electrical Workers a legitimate charity?
International Brotherhood Of Electrical Workers (EIN: 221010190) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 80/100. It has 14 years of IRS 990 filings on record. Total revenue: $11.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does International Brotherhood Of Electrical Workers spend its money?
International Brotherhood Of Electrical Workers directs 75% of its spending to programs and services. Fundraising costs 10%. 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: 221010190). 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 75% to programs, 10% 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 Paramus, New Jersey and files with the IRS under EIN 221010190.
How many years of IRS 990 filings does International Brotherhood Of Electrical Workers have?
International Brotherhood Of Electrical Workers has 14 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 $11.9M in total revenue.
Is the International Brotherhood Of Electrical Workers a good charity?
Based on its strong financial health, consistent asset growth from $12.4M in 2014 to $49.4M in 2023, and consistent revenue surpluses, the organization appears to be very well-managed financially. However, without a detailed breakdown of program spending versus administrative and fundraising costs, a full assessment of its charitable impact efficiency is challenging.
Why is 'Officer Comp=0%' reported across all filings?
The consistent reporting of 'Officer Comp=0%' on the IRS 990s indicates that no officers meet the specific reporting criteria for compensation on Part VII, Section A. This could mean officers are not paid by this specific entity, their compensation is below the reporting threshold, or they are compensated by a related organization not detailed in these specific filings.
How does the organization utilize its significant revenue surplus?
The organization consistently generates a significant revenue surplus, for example, $4,199,841 in 2023 ($10,453,933 revenue - $6,254,092 expenses). This surplus appears to be primarily reinvested, contributing to the substantial growth in assets from $12.4M in 2014 to $49.4M in 2023, indicating a focus on long-term financial stability and capacity building.
Filing History
IRS 990 filing history for International Brotherhood Of Electrical Workers showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), International Brotherhood Of Electrical Workers's revenue has grown by 68.2%, moving from $6.2M to $10.5M. Total assets increased by 523% over the same period, from $7.9M to $49.5M. Total functional expenses fell by 3.2%, from $6.5M to $6.3M. In its most recent filing year (2023), International Brotherhood Of Electrical Workers reported a surplus of $4.2M, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $49.5M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $48.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.5M | $6.3M | $49.5M | $1.2M | — | — |
| 2022 | $11.2M | $5.7M | $44.7M | $1.2M | — | View 990 |
| 2021 | $10.6M | $5.7M | $39.3M | $1.3M | — | View 990 |
| 2020 | $9.1M | $5.6M | $34.2M | $1.2M | — | View 990 |
| 2019 | $10.9M | $5.6M | $30.8M | $1.3M | — | — |
| 2018 | $9.6M | $5.4M | $25.2M | $957K | — | View 990 |
| 2017 | $8.6M | $5.2M | $21.1M | $996K | — | View 990 |
| 2016 | $7.8M | $5.0M | $17.7M | $1.0M | — | View 990 |
| 2015 | $7.5M | $4.9M | $14.9M | $940K | — | View 990 |
| 2014 | $7.5M | $5.0M | $12.4M | $1.0M | — | View 990 |
| 2013 | $6.8M | $5.9M | $10.0M | $1.2M | — | View 990 |
| 2012 | $6.1M | $5.8M | $9.1M | $1.2M | — | View 990 |
| 2011 | $5.6M | $4.8M | $8.9M | $1.2M | — | View 990 |
| 2010 | $6.2M | $6.5M | $7.9M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.5M, expenses of $6.3M, and assets of $49.5M (revenue -6.7% year-over-year).
- 2022: Revenue of $11.2M, expenses of $5.7M, and assets of $44.7M (revenue +5.8% year-over-year).
- 2021: Revenue of $10.6M, expenses of $5.7M, and assets of $39.3M (revenue +16.9% year-over-year).
- 2020: Revenue of $9.1M, expenses of $5.6M, and assets of $34.2M (revenue -16.8% year-over-year).
- 2019: Revenue of $10.9M, expenses of $5.6M, and assets of $30.8M (revenue +13.8% year-over-year).
- 2018: Revenue of $9.6M, expenses of $5.4M, and assets of $25.2M (revenue +10.7% year-over-year).
- 2017: Revenue of $8.6M, expenses of $5.2M, and assets of $21.1M (revenue +11.4% year-over-year).
- 2016: Revenue of $7.8M, expenses of $5.0M, and assets of $17.7M (revenue +3.4% year-over-year).
- 2015: Revenue of $7.5M, expenses of $4.9M, and assets of $14.9M (revenue +0.5% year-over-year).
- 2014: Revenue of $7.5M, expenses of $5.0M, and assets of $12.4M (revenue +9.1% year-over-year).
- 2013: Revenue of $6.8M, expenses of $5.9M, and assets of $10.0M (revenue +12.3% year-over-year).
- 2012: Revenue of $6.1M, expenses of $5.8M, and assets of $9.1M (revenue +9.8% year-over-year).
- 2011: Revenue of $5.6M, expenses of $4.8M, and assets of $8.9M (revenue -10.6% year-over-year).
- 2010: Revenue of $6.2M, expenses of $6.5M, and assets of $7.9M.
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.