How Institute for Society

Analysis

How Institute for Society is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, How Institute for Society reported income of $2.5m and spending of $2.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $2.5m (+1432%), an average of +98% a year. The sharpest change came in the year to December 2020, when income rose by 614%. Over the whole period it spent 147% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, How Institute for Society sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Midtown-Metro Achievement Centers ($2.5m), Bellevue Santa Fe Charter School Inc ($2.5m) and Littleton Academy Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 36% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.7m against liabilities of $187k, net assets of $2.5m.