Institute for Citizens and Scholars

Analysis

Institute for Citizens and Scholars is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in December 1971, 55 years ago. 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 June 2024, Institute for Citizens and Scholars reported income of $6.8m and spending of $10.5m, spending 154% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $8.4m to $6.8m (-18%), an average of -4.9% a year. The sharpest change came in the year to June 2022, when income rose by 117%. Over the whole period it spent 147% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute for Citizens and Scholars sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Bokharian Jewish Community Center Inc ($6.8m), Cancer Support Community ($6.8m) and Big South Conference Inc ($6.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $2.8m (26% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $11.2m against liabilities of $3.2m, net assets of $8.1m. It reported 33 employees.