International Research and Exchanges Board Inc

Analysis

International Research and Exchanges Board Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1991, 35 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, International Research and Exchanges Board Inc reported income of $146.5m and spending of $146.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $85.3m to $146.5m (+72%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 51%. 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, International Research and Exchanges Board Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within DC. Charities of a similar size with the same main cause include Centro Internacional de Mejoramiento de Maiz Y Trigo ($145.8m), United States Association for Unhcr ($147.7m) and Helen Keller International ($145.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2.8m (1.9% of expenses). Other salaries and wages came to $34.3m. At year end it held assets of $38.2m against liabilities of $25.2m, net assets of $12.9m. It reported 338 employees.