Institute for Supply Management Inc

Analysis

Institute for Supply Management Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Institute for Supply Management Inc reported income of $15.5m and spending of $18.3m, spending 118% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $16.1m to $15.5m (-3.7%), an average of -0.9% a year. The sharpest change came in the year to August 2020, when income dropped by 26%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Supply Management Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Roosevelt Childrens Academy Long Island Public Charter School ($15.5m), Hesston College ($15.5m) and Christ College of Nursing Andhealth Sciences ($15.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.9% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $1.7m (9.1% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $20.7m against liabilities of $9.9m, net assets of $10.8m. It reported 63 employees.