INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS INC
445 HOES LN, PISCATAWAY, NJ · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $714,064,929 | $600,137,430 | $1,176,381,001 |
| FY2023 | $650,214,983 | $534,932,193 | $1,041,148,835 |
| FY2022 | $566,430,458 | $472,245,506 | $879,702,481 |
| FY2021 | $524,795,853 | $382,241,723 | $905,064,030 |
| FY2020 | $478,339,401 | $377,625,369 | $720,038,697 |
| FY2019 | $563,250,052 | $482,978,488 | $571,235,588 |
| FY2018 | $547,022,569 | $470,685,242 | $439,742,567 |
| FY2017 | $494,392,958 | $460,326,720 | $415,022,113 |
| FY2016 | $482,650,316 | $461,909,591 | $347,709,244 |
| FY2015 | $461,606,827 | $448,542,645 | $319,462,274 |
| FY2014 | $454,437,554 | $453,925,389 | $332,006,880 |
| FY2013 | $430,019,066 | $414,923,858 | $310,698,416 |
| FY2012 | $406,832,670 | $411,033,825 | $258,615,826 |
| FY2011 | $395,881,225 | $397,445,276 | $231,411,866 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,727,997 | 1% |
| Program service revenue | $629,466,450 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $579,972,410 | 97% |
| Management & general | $17,582,001 | 3% |
| Fundraising | $2,583,019 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2024.
- Program services accounted for 97% of functional expenses, management & general 3%, and fundraising 0%.
- 97% of functional expenses went to program services in FY2024. That is higher than 96.2% of 104 Education organizations in NJ.
- Net assets covered about 23.5 months of expenses at the end of the reporting year. That puts it in the 65th percentile among 2026 Education organizations in NJ.
- Total revenue was higher than 100% of 2066 Education organizations in NJ.
- Total revenue rose from $395,881,225 in FY2011 to $714,064,929 in FY2024, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2011, FY2012).
- Net assets grew from $231,411,866 to $1,176,381,001 between FY2011 and FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Advancing Technology for Humanity. IEEE and its members inspire a global community through professional and educational activities, technical publications, conferences, and technology standards.
IRS status
| Ruling year | 1993 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B30 — Education |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- EDUCATIONAL TESTING SERVICE — PRINCETON, NJ · $792,021,950
- THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY — HOBOKEN, NJ · $578,721,102
- FAIRLEIGH DICKINSON UNIVERSITY — TEANECK, NJ · $299,828,119
- LEBANESE AMERICAN UNIVERSITY — PRINCETON, NJ · $284,689,357
- MONMOUTH UNIVERSITY INC — W LONG BRANCH, NJ · $277,354,524
- RIDER UNIVERSITY — LAWRENCE TWP, NJ · $198,655,203
- TRUSTEES OF THE LAWRENCEVILLE SCHOOL — LAWRENCEVILLE, NJ · $120,051,953
- PRINCETON UNIVERSITY — PRINCETON, NJ · $3,208,577,000
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.