Calyx Institute

Analysis

Calyx Institute is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2014, 12 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 April 2023, Calyx Institute reported income of $7.8m and spending of $4.9m, leaving 37% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.2m to $7.8m (+576%), an average of +61% a year. The sharpest change came in the year to April 2021, when income rose by 109%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Calyx Institute sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include The One Love Foundation in Honor of Yeardley Love Inc ($7.8m), Elk Mountain Academy ($7.8m) and Yeshivat Heatid Inc ($7.8m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $168k (3.4% of expenses). Other salaries and wages came to $677k. At year end it held assets of $7.3m against liabilities of $93k, net assets of $7.2m. It reported 11 employees.