Intervol Inc

Analysis

Intervol Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 February 2023, Intervol Inc reported income of $2.1m and spending of $1.7m, spending 80% of its income. Across the 5 years on record, from February 2019 to February 2023, income grew from $472k to $2.1m (+349%), an average of +46% a year. The sharpest change came in the year to February 2023, when income rose by 389%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Intervol Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include International Violin Competition of Indianapolis Inc ($2.1m), Shakespeare Play on ($2.1m) and Association for the Colonial Theater ($2.1m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.6m against liabilities of $214k, net assets of $1.3m.