Center for Internet Security Inc

Analysis

Center for Internet Security Inc is a registered charity in United States, based in Clifton Park, NY. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Center for Internet Security Inc reported income of $123.0m and spending of $119.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $45.1m to $123.0m (+172%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Internet Security Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include The Providence Community Health Centers Inc ($122.6m), American Athletic Conference ($123.4m) and Adventist Bolingbrook Hospital ($122.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $3.7m (3.1% of expenses). Other salaries and wages came to $53.8m. At year end it held assets of $93.9m against liabilities of $62.6m, net assets of $31.3m. It reported 528 employees.