International Schools Services Inc

Analysis

International Schools Services Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in April 1959, 67 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 Schools Services Inc reported income of $14.9m and spending of $17.5m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.1m to $14.9m (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 106% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Schools Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Inkomoko ($14.8m), School Year Abroad Inc ($14.9m) and Surgical Eye Expeditions International Inc ($14.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.0m (5.9% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $22.1m against liabilities of $8.0m, net assets of $14.1m. It reported 90 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.