Institute for Americas Future Inc

Analysis

Institute for Americas Future Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Americas Future Inc reported income of $156k and spending of $361k, spending 231% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $156k (-94%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Americas Future Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 26th percentile within DC. Charities of a similar size with the same main cause include Caledonia Education Foundation ($156k), Missouri Junior Golf Scholarship Foundation ($156k) and El Puente Educational Center Inc ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $87k (24% of expenses). Other salaries and wages came to $133k. At year end it held assets of $301k against liabilities of $9,000, net assets of $292k. It reported 4 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.