Institute for Global Affairs Inc

Analysis

Institute for Global Affairs Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2016, 10 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 Global Affairs Inc reported income of $1.3m and spending of $1.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $496k to $1.3m (+157%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 109% 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 Global Affairs Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Surge for Water Inc ($1.3m), Kingdom Encounters International Corporation ($1.3m) and Adelante Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $193k (14% of expenses). Other salaries and wages came to $587k. At year end it held assets of $712k against liabilities of $85k, net assets of $627k. It reported 7 employees.