The Albert Einstein Institution Inc
Analysis
The Albert Einstein Institution Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, The Albert Einstein Institution Inc reported income of $349k and spending of $311k, spending 89% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $224k to $349k (+56%), an average of +9.3% a year. The sharpest change came in the year to June 2022, when income rose by 1324%. Over the whole period it spent 100% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Albert Einstein Institution Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Mexico Ministries Inc ($348k), International Friends of Compassion Inc ($349k) and U S Foundation for the University of Victoria ($348k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $104k (34% of expenses). At year end it held assets of $1.4m against liabilities of $206k, net assets of $1.2m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 0.8%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mexico Ministries Inc | Denison | $348k |
| International Friends of Compassion Inc | Fairbanks | $349k |
| U S Foundation for the University of Victoria | Canada | $348k |
| Warm Hearts Foundation | Grand Rapids | $349k |