Civil-Military Innovation Institute Inc

Analysis

Civil-Military Innovation Institute Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 June 2023, Civil-Military Innovation Institute Inc reported income of $33.3m and spending of $25.8m, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.2m to $33.3m (+363%), an average of +67% a year. The sharpest change came in the year to June 2022, when income rose by 211%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Civil-Military Innovation Institute Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WV. Charities of a similar size with the same main cause include Virginia Museum of Fine Arts Foundation ($33.3m), Houston Symphony Society ($33.4m) and Public Library of Science ($33.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $16.9m against liabilities of $4.7m, net assets of $12.2m. It reported 43 employees.