Institute for Applied Science

Analysis

Institute for Applied Science is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Applied Science reported income of $53k and spending of $51k, spending 95% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $112k to $53k (-52%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Institute for Applied Science sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include Zeruzeru ($53k), Carolyns Mission Inc ($53k) and Nuway Foundation Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $372k against liabilities of $95k, net assets of $277k.