Institute for Principle Studies

Analysis

Institute for Principle Studies is a registered charity in United States, based in Manteca, CA. It received its IRS tax-exemption ruling in January 2007, 19 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 December 2023, Institute for Principle Studies reported income of $320k and spending of $375k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $315k to $320k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Principle Studies sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($320k), Kids at Science ($320k) and Enlightenment Bookstore and Literary Arts Center Inc ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 7.7% of the total. Other salaries and wages came to $184k. At year end it held assets of $266k against liabilities of $3,767, net assets of $262k. It reported 4 employees.