International Academy of Science

Analysis

International Academy of Science is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in March 1990, 36 years ago. 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 August 2024, International Academy of Science reported income of $73.9m and spending of $28.9m, leaving 61% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $17.4m to $73.9m (+326%), an average of +34% a year. The sharpest change came in the year to August 2020, when income rose by 103%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Academy of Science 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 98th percentile within MO. Charities of a similar size with the same main cause include Oneworld Community Health Centers Inc ($73.9m), Urban Affairs Coalition ($74.0m) and Northeast Arc Inc ($73.4m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 0.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $116k (0.4% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $247.1m against liabilities of $2.5m, net assets of $244.7m. It reported 210 employees.