Filene Research Institute Inc

Analysis

Filene Research Institute Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2024, Filene Research Institute Inc reported income of $9.1m and spending of $9.2m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $10.1m to $9.1m (-9.9%), an average of -2.6% a year. The sharpest change came in the year to June 2021, when income dropped by 21%. 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, Filene Research Institute Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include East Oakland Youth Development Center ($9.1m), The Arc Gateway Inc ($9.1m) and National LGBTQ Task Force ($9.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 6.4% of the total. At year end it held assets of $15.5m against liabilities of $2.2m, net assets of $13.3m.