Institute of International Education Inc

Analysis

Institute of International Education Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1945, 81 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 September 2023, Institute of International Education Inc reported income of $347.0m and spending of $333.8m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $333.2m to $347.0m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to September 2021, when income dropped by 23%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Institute of International Education Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Path ($334.1m), World Resources Institute ($357.8m) and Habitat for Humanity International Inc ($329.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $2.9m (0.9% of expenses). Other salaries and wages came to $46.2m. At year end it held assets of $424.8m against liabilities of $140.1m, net assets of $284.7m. It reported 618 employees.