International Association of Drilling Contractors
Public records raise at least one point you should look into before giving.
What it says it does
IADC'S MISSION IS TO IMPROVE INDUSTRY HEALTH, SAFETY & ENVIRONMENTAL PRACTICES; ADVANCE DRILLING & COMPLETION TECHNOLOGY; AND CHAMPION RESPONSIBLE STANDARDS, PRACTICES, LEGISLATION & REGULATIONS THAT PROVIDE FOR SAFE, EFFICIENT & ENVIRONMENTALLY SOUND DRILLING OPERATIONS WORLDWIDE. THROUGH CONFERENCES, TRAINING SEMINARS, PRINT & ELECTRONIC PUBLICATIONS, AND A COMPREHENSIVE NETWORK OF TECHNICAL PUBLICATIONS, IADC CONTINUALLY FOSTERS EDUCATION AND COMMUNICATION WITHIN THE UPSTREAM PETROLEUM INDUSTRY.
- Income
- $13.2 million
- Spending
- $13.1 million
- Employees
- 41
- Volunteers
- 825
- Highest pay
- $602,609, president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- ACCREDITATION PROGRAM PROVIDES TRAINING FOR EXCELLENCE IN OPERATIONS AND PROVIDES A BENCHMARK PROGRAM FOR ESTABLISHING AND MAINTAINING A QUALITY IN EXCELLENCE FOR THE DRILLING AND COMPLETION OPERATIONS IN THE CONTRACT DRILLING INDUSTRY.
- CONFERENCES PROGRAM PROVIDES A VENUE FOR THE INDUSTRY MEMBERS TO SHARE LEADING EDGE TECHNOLOGY TO ENHANCE THE SAFETY, EFFICIENCY AND ENVIRONMENTAL PRACTICES FOR THE INDUSTRY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2012 for not filing returns for three years, and reinstated on May 15, 2012.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.