Academy of International Business

Analysis

Academy of International Business is a registered charity in United States, based in East Lansing, MI. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Academy of International Business reported income of $1.6m and spending of $1.3m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy of International Business sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Qualia School for Deeper Learning ($1.6m), Mountain Brook Council PTO Inc ($1.6m) and West Virginia Citizen Action Education Fund Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $151k (12% of expenses). At year end it held assets of $3.8m against liabilities of $146k, net assets of $3.7m.