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The Institute for Family Studies

RegisteredEIN 27-0950140Charlottesvle, VAEducation and training
Income$1.4m2023-12
Spending$1.1msame year
Spent / received77%5-year average
Size in its cause79th pctEducation and training
Exempt since2010Publicly supported organisat
Employees5latest return

Analysis

The Institute for Family Studies is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in February 2010, 16 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 December 2023, The Institute for Family Studies reported income of $1.4m and spending of $1.1m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $742k to $1.4m (+84%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Institute for Family Studies sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Yemeni American Merchants Associations Inc ($1.4m), Helena Christian School Inc ($1.4m) and Empowerk12 Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $180k (17% of expenses). Other salaries and wages came to $103k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 5 employees.

Income and spending

$0$352k$705k$1.1m$1.4m2019 Income: $742,4052019 Spending: $571,70520192020 Income: $671,1362020 Spending: $546,05620202021 Income: $878,3262021 Spending: $635,03520212022 Income: $1,409,5812022 Spending: $1,074,03820222023 Income: $1,366,7572023 Spending: $1,081,1762023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Yemeni American Merchants Associations IncBronx$1.4m
Helena Christian School IncEast Helena$1.4m
Empowerk12 IncWashington$1.4m
Aspen Higher Learning Flight Academy IncAspen$1.4m