American Institute of Physics Incorporated

Analysis

American Institute of Physics Incorporated is a registered charity in United States, based in College Park, MD. It received its IRS tax-exemption ruling in September 1941, 85 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, American Institute of Physics Incorporated reported income of $100.0m and spending of $88.8m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $83.1m to $100.0m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Institute of Physics Incorporated 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 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Robert W Woodruff Arts Center Inc ($99.8m), Convergent Research Inc ($100.2m) and Museum of Fine Arts ($99.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $5.3m (6.0% of expenses). Other salaries and wages came to $24.8m. At year end it held assets of $287.9m against liabilities of $39.0m, net assets of $248.9m. It reported 320 employees.