The Institute

Analysis

The Institute is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Institute reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $963k to $1.3m (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Institute sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Third Street Education Center ($1.3m), Hope Full Gospel Family Church Inc ($1.3m) and Gospel Operation International for Chinese Christians ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 87% of the total. Compensation of current officers, directors and key employees was $686k (60% of expenses). Other salaries and wages came to $67k. At year end it held assets of $5.4m against liabilities of $3.3m, net assets of $2.1m. It reported 4 employees.