Institute for Industrial and Applied Life Science

Analysis

Institute for Industrial and Applied Life Science is a registered charity in United States, based in St Joseph, MO. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Institute for Industrial and Applied Life Science reported income of $434k and spending of $376k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $482k to $434k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Industrial and Applied Life Science sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within MO. Charities of a similar size with the same main cause include Center for Inspired Teaching ($434k), Reaching Higher New Hampshire Inc ($434k) and Multicultural Spanish Speaking Providers ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Other salaries and wages came to $66k. At year end it held assets of $661k against liabilities of $19k, net assets of $642k. It reported 1 employees.