Albert Shanker Institute

Analysis

Albert Shanker Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Albert Shanker Institute reported income of $1.5m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $907k to $1.5m (+69%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 85%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Albert Shanker Institute sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 62nd percentile within DC. Charities of a similar size with the same main cause include Womens Services Inc ($1.5m), Leach Foundation ($1.5m) and United Way of Northern Shenandoah Valley ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $8.0m against liabilities of $170k, net assets of $7.9m.