Instauratio Magna Foundation

Analysis

Instauratio Magna Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Instauratio Magna Foundation reported income of $75k and spending of $57k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $175k to $75k (-57%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Instauratio Magna Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Edukate NYC Inc ($75k), Georgia Tech Global Inc ($75k) and Bacon Elementary PTO ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.