Instituto Internacional de Literatura Iberoamericana

Analysis

Instituto Internacional de Literatura Iberoamericana is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1970, 56 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Instituto Internacional de Literatura Iberoamericana reported income of $94k and spending of $108k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $94k (+37%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Instituto Internacional de Literatura Iberoamericana sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include University Club Foundation Inc ($94k), Cumberland Community Events Center ($94k) and Clarkston Village Players ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 105% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.