International Microwave Power Institute

Analysis

International Microwave Power Institute is a registered charity in United States, based in Mechanicsvlle, VA. It received its IRS tax-exemption ruling in April 1990, 36 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, International Microwave Power Institute reported income of $207k and spending of $178k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $108k to $207k (+90%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Microwave Power Institute sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Preble County Historical Society Inc ($207k), Spamart Inc ($207k) and Elnu Abenaki Incorporated ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $75k (42% of expenses). At year end it held assets of $85k against liabilities of $2,690, net assets of $82k. It reported 2 employees.