The Institute for Family Studies
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
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Yemeni American Merchants Associations Inc | Bronx | $1.4m |
| Helena Christian School Inc | East Helena | $1.4m |
| Empowerk12 Inc | Washington | $1.4m |
| Aspen Higher Learning Flight Academy Inc | Aspen | $1.4m |