Internet Society Foundation

Analysis

Internet Society Foundation is a registered charity in United States, based in Fredericksburg, VA. It received its IRS tax-exemption ruling in April 2018, 8 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Internet Society Foundation reported income of $39.8m and spending of $93.6m, spending 236% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $34.5m to $39.8m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 83% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Internet Society Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Hope Worldwide Ltd ($39.6m), Lifesong for Orphans Inc ($39.8m) and American Friends of Yeshiva Dmir Inc ($39.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $1.1m (1.1% of expenses). Other salaries and wages came to $5.0m. It paid $593k in professional fundraising fees. At year end it held assets of $87.7m against liabilities of $3.0m, net assets of $84.6m. It reported 23 employees.