International Brotherhood of Electrical Workers Local 104 Fund

Analysis

International Brotherhood of Electrical Workers Local 104 Fund is a registered charity in United States, based in Mansfield, MA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, International Brotherhood of Electrical Workers Local 104 Fund reported income of $229k and spending of $68k, leaving 71% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $203k to $229k (+13%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, International Brotherhood of Electrical Workers Local 104 Fund sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Ten Thousand Villages of Pasadena Incorporated ($229k), Ashland County Residential Services ($229k) and Greater Nebraska Independent Housing Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 102% of the total. At year end it held assets of $518k against liabilities of $0, net assets of $518k.