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Institute of Electrical and Electronics Engineers

Also known as Ieee

Piscataway, NJ · EIN 13-1656633 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Institute of Electrical and Electronics Engineers reported $714.1 million in revenue and $600.1 million in expenses for calendar year 2024. Of every $100 it spent, $96.64 went to program services, $2.93 to management and general costs and $0.43 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 88.2% of the total. The highest compensation it reported for one person was $1,149,504 (Executive Director & Chief Operating Officer). 710 people received more than $100,000 in reportable compensation. Revenue rose 27% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $600M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $714M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
96.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
2.9%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.4%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.69$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
88.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,149,504$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.19%1.28%
People paid over $100,000
Part VII, line 2
7108
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
23.513.3
Independent voting board members
Part VI 1a–1b
31 of 31100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$198M expenses · 34.1% of program spending · revenue $243M

Conferences: In 2024, IEEE conferences highlighted groundbreaking research and emerging technologies, reflecting the organization's unwavering dedication to fostering innovation, exploration and collaboration across the global technical community. Virtual, in-person, and hybrid options provide collaboration opportunities, access to cutting edge technical literature, resources for continuing education, and innovative collaboration. In 2024, IEEE sponsored 2,260 conferences with 609,000 attendees. The IEEE International Conference on Robotics and Automation (ICRA) was hosted in Yokohama, Japan…

$194M expenses · 33.4% of program spending · revenue $284M

Periodicals: The IEEE Xplore(R) Digital Library is one of the world's largest collections of technical literature in engineering, computer science and related technologies with over 6.5 million documents available in its vast repository. In 2024, IEEE published 307,248 conference papers and 102,163 journal and magazine articles. IEEE continues to deliver groundbreaking research in its industry-leading publications and share its technical expertise around the world on the technologies that will shape the future. IEEE continues to evolve its publishing processes to maintain integrity of the…

$135M expenses · 23.3% of program spending · grants $7.4M · revenue $51M

MEMBERSHIP AND PUBLIC IMPERATIVES: IEEE is a public charity with a global presence, but its impact begins at the local level driven by dedicated members and volunteers committed to improving lives and communities worldwide. IEEE serves as the home where like-minded and passionate individuals join together and help push technology to new frontiers. With 347 sections and more than 2,800 chapters worldwide, IEEE facilitates the active participation of thousands of members and volunteers, who help contribute to the IEEE mission. In 2024, IEEE had a total of 486,616 members, from more than 190…

$53M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Executive Director & Chief Operating Officer
Officer, 40.0 hrs/week
$905,684$0$243,820$1,149,504
ASSISTANT TREASURER & CFO
Officer, 40.0 hrs/week
$587,124$0$58,586$645,710
DIRECTOR INTERNATIONAL SALES
Highest compensated employee, 40.0 hrs/week
$539,383$0$58,125$597,508
SR DIRECTOR GLOBAL SALES & CUSTOMER OPERATIONS
Highest compensated employee, 40.0 hrs/week
$530,356$0$66,354$596,710
GENERAL COUNSEL AND CHIEF COMPLIANCE
Highest compensated employee, 40.0 hrs/week
$509,004$0$58,783$567,787
CHIEF MARKETING OFFICER
Key employee, 40.0 hrs/week
$480,209$0$64,628$544,837
REGIONAL SALES MANAGER EMEA
Highest compensated employee, 40.0 hrs/week
$488,132$0$56,475$544,607
STAFF EXECUTIVE, CORPORATE ACTIVITIES
Highest compensated employee, 40.0 hrs/week
$487,229$0$53,500$540,729

710 people received more than $100,000 in reportable compensation from Institute of Electrical and Electronics Engineers (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800M201920202021202220232024$714M$600M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$714M$600M96.6%$1.18B$1,149,504
2023 ⓘ$650M$535M96.9%$1.04B$996,771
2022 ⓘ$566M$472M96.5%$880M$1,308,045
2021 ⓘ$525M$382M96.7%$905M$1,282,071
2020 ⓘ$478M$378M97.3%$720M$1,148,304
2019 ⓘ$563M$483M97.3%$571M$1,047,149

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b31 · 31 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 51,272
  • Volunteers Part I, line 6100,000

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
DATA CONVERSION LABORATORY INC
Graphic conversion, editing, xml tagging
$6,337,304
ORACLE AMERICA INC
Financial system subsc. & maintenance
$5,009,082
IENERGIZER APTARA LIMITED
Xml& image conversion & page composition
$4,696,653
AMAZON WEB SERVICES INC
Communications management (media)
$4,544,943
FINN PARTNERS INC
Communications management (research)
$3,797,999

Individuals listed as contractors are left out. 229 contractors were paid more than $100,000 in all.

Private foundation grants it received

9 private foundations reported grants to Institute of Electrical and Electronics Engineers totaling $230K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Institute of Electrical and Electronics Engineers's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Institute of Electrical and Electronics Engineers, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New Jersey

Questions people ask

How much of Institute of Electrical and Electronics Engineers's spending goes to programs?

In calendar year 2024, Institute of Electrical and Electronics Engineers reported that 96.6% of its $600.1 million in expenses went to program services, 2.9% to management and general and 0.4% to fundraising (Form 990, Part IX).

How much does Institute of Electrical and Electronics Engineers pay its top executive?

The largest total compensation Institute of Electrical and Electronics Engineers reported for one person in calendar year 2024 was $1,149,504, for the role of Executive Director & Chief Operating Officer (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Institute of Electrical and Electronics Engineers get its money?

Of $714.1 million in revenue in calendar year 2024, 0.5% came from contributions and grants and 88.2% from program service revenue (Form 990, Part VIII).

Is Institute of Electrical and Electronics Engineers a registered charity?

The IRS lists EIN 13-1656633 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503159349304465 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413189349309326 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333149349305318 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213189349319316 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113129349303936 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043039349302169 · read the filing

All filings for EIN 13-1656633: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.