Institute of General Semantics Incorporated

Analysis

Institute of General Semantics Incorporated is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1948, 78 years ago. 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 December 2023, Institute of General Semantics Incorporated reported income of $4.2m and spending of $240k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $4.2m (+966%), an average of +81% a year. The sharpest change came in the year to December 2022, when income rose by 541%. Over the whole period it spent 12% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute of General Semantics Incorporated sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Daniel Murphy Scholarship Fund ($4.2m), Leo House ($4.2m) and Montessori Community School ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.5% of the total. At year end it held assets of $6.8m against liabilities of $9,691, net assets of $6.8m.