Institute for the American Worker

Analysis

Institute for the American Worker is a registered charity in United States, based in Hamilton, VA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Institute for the American Worker reported income of $1.0m and spending of $635k, leaving 39% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $452k to $1.0m (+129%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 65% 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 American Worker sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Ripple of One Inc ($1.0m), Sharkey-Issaquena Academy Foundation ($1.0m) and Les Lilas French Bilingual Community School ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $57k in professional fundraising fees. At year end it held assets of $764k against liabilities of $19k, net assets of $745k.