International Institute of New England Inc

Analysis

International Institute of New England Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 1942, 84 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, International Institute of New England Inc reported income of $23.3m and spending of $21.1m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.3m to $23.3m (+267%), an average of +38% a year. The sharpest change came in the year to September 2022, when income rose by 119%. Over the whole period it spent 90% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, International Institute of New England Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Congressional Black Caucus Foundation Inc ($23.0m), Childrens Defense Fund ($23.5m) and Lakeshore Legal Aid ($22.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $1.2m (5.8% of expenses). Other salaries and wages came to $9.1m. At year end it held assets of $20.9m against liabilities of $4.9m, net assets of $16.0m. It reported 224 employees.