International Institute of Islamic Thought

Analysis

International Institute of Islamic Thought is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, International Institute of Islamic Thought reported income of $9.0m and spending of $9.9m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $15.3m to $9.0m (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Institute of Islamic Thought sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Stepping Stones Charter Elementary Inc ($9.0m), Hope Community Public Charter School ($9.0m) and Manhattan Country School Inc ($9.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $552k against liabilities of $575k, net assets of -$23k. It reported 14 employees.