Independent Diplomat Inc

Analysis

Independent Diplomat Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2008, 18 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 December 2023, Independent Diplomat Inc reported income of $3.0m and spending of $3.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.0m (+26%), an average of +6.0% a year. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Independent Diplomat Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include University of Edinburgh USA Development Trust Inc ($3.0m), Jewish Community Relations Council of Greater Boston ($3.0m) and Overseas Schools Assistance Corporation ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $429k (14% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.9m against liabilities of $876k, net assets of $1.0m. It reported 8 employees.