The Center for Advanced Defense Studies Inc

Analysis

The Center for Advanced Defense Studies Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2004, 22 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, The Center for Advanced Defense Studies Inc reported income of $13.6m and spending of $14.3m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.8m to $13.6m (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Center for Advanced Defense Studies Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Science for Africa Foundation Sfa ($13.6m), Global Witness ($13.6m) and Impactisrael Inc ($13.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $1.6m (11% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $11.2m against liabilities of $4.9m, net assets of $6.3m. It reported 101 employees.