Institute of Environmental Sciences and Technology

Analysis

Institute of Environmental Sciences and Technology is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in December 1965, 61 years ago. 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 June 2023, Institute of Environmental Sciences and Technology reported income of $1.0m and spending of $915k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $975k to $1.0m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute of Environmental Sciences and Technology sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Albuquerque Christian School ($1.0m), Challenge Mountain of Walloon Hills Inc ($1.0m) and Habitat for Humanity International Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $193k (21% of expenses). Other salaries and wages came to $239k. At year end it held assets of $1.2m against liabilities of $341k, net assets of $837k. It reported 6 employees.