Institute for Higher Education Policy

Analysis

Institute for Higher Education Policy is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Institute for Higher Education Policy reported income of $2.1m and spending of $4.2m, spending 199% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.1m (+7.1%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 116% 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 Higher Education Policy 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 86th percentile, and in the 67th percentile within DC. Charities of a similar size with the same main cause include Cherry Creek Arts Festival ($2.1m), Elawa Farm Foundation ($2.1m) and National Association of Watch and Clock Collectors Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $719k (17% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $11.0m against liabilities of $485k, net assets of $10.5m. It reported 23 employees.