Institute for Ethics and Emerging Technologies Inc

Analysis

Institute for Ethics and Emerging Technologies Inc is a registered charity in United States, based in Willington, CT. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Institute for Ethics and Emerging Technologies Inc reported income of $423k and spending of $155k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $238k to $423k (+78%), an average of +78% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Ethics and Emerging Technologies Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Metabrainz Foundation Inc ($423k), Four Rivers Educational Foundation ($423k) and Bioquest Curriculum Consortium ($423k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $22k (14% of expenses). At year end it held assets of $524k against liabilities of $0, net assets of $524k.