Future of Life Institute

Analysis

Future of Life Institute is a registered charity in United States, based in Narberth, PA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 2021, Future of Life Institute reported income of $549.5m and spending of $16.1m, leaving 97% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $2.4m to $549.5m (+22958%), an average of +1418% a year. The sharpest change came in the year to December 2021, when income rose by 113798%. Over the whole period it spent 3.2% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Future of Life Institute sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within PA. Charities of a similar size with the same main cause include Public Broadcasting Service ($544.0m), Fermi Research Alliance LLC ($658.7m) and Noblis Inc ($535.7m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 122% of the total. Compensation of current officers, directors and key employees was $62k (0.4% of expenses). Other salaries and wages came to $129k. At year end it held assets of $537.2m against liabilities of $101k, net assets of $537.1m. It reported 4 employees.