American Friends of the Institute of Economic Affairs

Analysis

American Friends of the Institute of Economic Affairs is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in March 2018, 8 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, American Friends of the Institute of Economic Affairs reported income of $486k and spending of $492k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $486k (+170%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of the Institute of Economic Affairs sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Collectors Club Inc ($486k), Cat Rodeo Scholarship Association ($486k) and Christian Education Ministries ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,871 against liabilities of $0, net assets of $2,871.