Peter G Peterson Institute for International Economics

Analysis

Peter G Peterson Institute for International Economics is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1982, 44 years ago. Its declared purposes cover social science, 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 June 2023, Peter G Peterson Institute for International Economics reported income of $10.9m and spending of $13.9m, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $19.4m to $10.9m (-44%), an average of -14% a year. The sharpest change came in the year to June 2021, when income dropped by 26%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peter G Peterson Institute for International Economics sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Oregon Historical Society ($10.9m), Trout Museum of Art Inc ($10.9m) and The National Museum of African American Music ($10.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $1.6m (12% of expenses). Other salaries and wages came to $5.6m. It paid $78k in professional fundraising fees. At year end it held assets of $95.4m against liabilities of $2.4m, net assets of $93.0m. It reported 52 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.