Ludwig Von Mises Institute for Austrian Economics Inc

Analysis

Ludwig Von Mises Institute for Austrian Economics Inc is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in September 1982, 44 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 December 2023, Ludwig Von Mises Institute for Austrian Economics Inc reported income of $8.5m and spending of $6.2m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.3m to $8.5m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ludwig Von Mises Institute for Austrian Economics Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include Tulsa Performing Arts Center Trust ($8.5m), American Opportunity Foundation Inc ($8.5m) and Catholic Answers Inc ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $522k (8.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $54.7m against liabilities of $527k, net assets of $54.1m. It reported 39 employees.