I B E W Local 305 Inc is a 501(c)(5) organization based in Fort Wayne, Indiana, registered in 2009, with $299,080 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$299K
▲ 348.2% vs prior year
Employment median: $367K
Expenses (FY2023)
$72K
Net assets
$906K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for I B E W Local 305 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For I B E W Local 305 Inc: 151 mo reserves · +76% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for I B E W Local 305 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For I B E W Local 305 Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $58K (FY2013) to $299K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
76.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$906K
Total liabilities
$0
Net assets
$906K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $299,080▲348% | $71,867▼5.5% | $905,806▲33.5% | $905,806▲33.5% | 990 |
| 2022 | $66,724▼42.5% | $76,058▲14.3% | $678,593▼1.4% | $678,593▼1.4% | 990 |
| 2021 | $116,034▲65.2% | $66,544▼24.5% | $687,927▲7.8% | $687,927▲7.8% | 990 |
| 2020 | $70,218▼31.1% | $88,138▲18.5% | $638,437▼2.7% | $638,437▼2.7% | 990 |
| 2019 | $101,900▼21.2% | $74,378▲4.3% | $656,357▲4.4% | $656,357▲4.4% | 990 |
| 2018 | $129,278▼37.7% | $71,286▼13.3% | $628,835▲10.2% | $628,835▲10.2% | 990 |
| 2017 | $207,523▲261% | $82,260▼3.5% | $570,843▲28.1% | $570,843▼1.9% | 990 |
| 2016 | $57,478▼3.8% | $85,212▲1.4% | $445,580▼5.9% | $581,771▼7.2% | 990 |
| 2015 | $59,760▲4.2% | $84,057▼2.3% | $473,314▼4.9% | $626,883▼6.1% | 990 |
| 2014 | $57,353▼1.1% | $86,058▲4.7% | $497,611▼5.5% | $667,710▼6.2% | 990 |
| 2013 | $57,996 | $82,174 | $526,316 | $712,173 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for I B E W Local 305 Inc (EIN 90-0430661) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.