International Life Sciences Institute

Analysis

International Life Sciences Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1983, 43 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 2023, International Life Sciences Institute reported income of $2.0m and spending of $2.7m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.0m (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2020, when income rose by 265%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Life Sciences Institute sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 67th percentile within DC. Charities of a similar size with the same main cause include Circle in the Square Theatre School Inc ($2.0m), Discovery Museum Inc ($2.0m) and Michigan Humanities Council ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.9% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $543k (20% of expenses). Other salaries and wages came to $825k. At year end it held assets of $10.8m against liabilities of $5.1m, net assets of $5.6m. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.