Insead North America Inc

Analysis

Insead North America Inc is a registered charity in United States, based in Jefferson Vly, NY. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending August 2023, Insead North America Inc reported income of $8.3m and spending of $8.4m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $6.0m to $8.3m (+39%), an average of +8.6% a year. The sharpest change came in the year to August 2022, when income rose by 50%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Insead North America Inc sits at the 95th percentile: it is larger than about 95% 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 Friends of Israel Disabled Veterans Inc Beit Halochem ($8.2m), American Community School at Beirut -Lebanon ($8.3m) and Santa Verena Charity Inc ($8.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $534k (6.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $12.1m against liabilities of $6.1m, net assets of $6.0m. It reported 9 employees.