Institute for Advanced Physics

Analysis

Institute for Advanced Physics is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 2003, 23 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 Advanced Physics reported income of $127k and spending of $127k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $127k (+9.2%), an average of +9.2% a year. Over the whole period it spent 97% 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 Advanced Physics sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within LA. Charities of a similar size with the same main cause include Heritage Hall Inc ($127k), Rodgers Theatre Inc ($127k) and Baltimore Association of Nepalese in America ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.2% of the total. At year end it held assets of $93k against liabilities of $491k, net assets of -$398k.