Inter-Industry Economic Research Fund Inc

Analysis

Inter-Industry Economic Research Fund Inc is a registered charity in United States, based in College Park, MD. It received its IRS tax-exemption ruling in January 1972, 54 years ago. 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, Inter-Industry Economic Research Fund Inc reported income of $739k and spending of $658k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $628k to $739k (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Inter-Industry Economic Research Fund Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Chestnut Grove Association Inc ($739k), Middletown Montessori School Inc ($739k) and Penguin Players Ltd ($739k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $372k (57% of expenses). Other salaries and wages came to $107k. At year end it held assets of $438k against liabilities of $22k, net assets of $415k. It reported 6 employees.