Intercollegiate Studies Institute Inc

Analysis

Intercollegiate Studies Institute Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in May 1954, 72 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Intercollegiate Studies Institute Inc reported income of $13.6m and spending of $7.5m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.9m to $13.6m (+72%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 102%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Intercollegiate Studies Institute Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within DE. Charities of a similar size with the same main cause include Next Generation Education ($13.6m), Villa Academy ($13.6m) and Legacy Traditional School Chandler ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $325k (4.3% of expenses). Other salaries and wages came to $1.9m. It paid $80k in professional fundraising fees. At year end it held assets of $34.9m against liabilities of $2.2m, net assets of $32.8m. It reported 33 employees.