Institute for the Advancement of Food and Nutrition Sciences

Analysis

Institute for the Advancement of Food and Nutrition Sciences is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1991, 35 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, Institute for the Advancement of Food and Nutrition Sciences reported income of $2.3m and spending of $2.6m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $2.3m (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute for the Advancement of Food and Nutrition Sciences sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 69th percentile within DC. Charities of a similar size with the same main cause include Western Center Community Foundation ($2.3m), Sozo Impact Inc ($2.3m) and Society of Environmental Toxicology and Chemistry of North America Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $331k (13% of expenses). Other salaries and wages came to $788k. At year end it held assets of $7.0m against liabilities of $1.7m, net assets of $5.2m. It reported 8 employees.