International Institute Foundation in Spain

Analysis

International Institute Foundation in Spain is a registered charity in United States, based in Milford, MA. It received its IRS tax-exemption ruling in September 1942, 84 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, International Institute Foundation in Spain reported income of $980k and spending of $1.4m, spending 145% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $980k (-53%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Institute Foundation in Spain sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Impact Global Health Alliance ($979k), Mexican Medical Incorporated ($980k) and Junior Achievement USA ($979k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 114% of the total. Compensation of current officers, directors and key employees was $112k (7.9% of expenses). Other salaries and wages came to $507k. At year end it held assets of $11.7m against liabilities of $130k, net assets of $11.6m. It reported 2 employees.