International Language Institute of Ma Inc

Analysis

International Language Institute of Ma Inc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in March 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, International Language Institute of Ma Inc reported income of $1.0m and spending of $1.1m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $1.0m (-7.1%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income dropped by 15%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Language Institute of Ma Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Lexington-Bell Center ($1.0m), Maryland Consumer Rights Coalition Inc ($1.0m) and Oklahomans for Equality Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $84k (7.3% of expenses). Other salaries and wages came to $562k. At year end it held assets of $932k against liabilities of $1.0m, net assets of -$82k. It reported 38 employees.