Institute for the International Education of Students

Analysis

Institute for the International Education of Students is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1960, 66 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Institute for the International Education of Students reported income of $126.7m and spending of $121.8m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $122.3m to $126.7m (+3.6%), an average of +1.2% a year. The sharpest change came in the year to June 2022, when income rose by 630%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for the International Education of Students 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 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Saint Xavier University ($126.7m), National-Louis University ($126.8m) and Hawaii Pacific University ($126.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $3.3m (2.7% of expenses). Other salaries and wages came to $36.7m. At year end it held assets of $118.9m against liabilities of $43.9m, net assets of $75.0m. It reported 206 employees.