Institute for Political Philosophy and Theology

Analysis

Institute for Political Philosophy and Theology is a registered charity in United States, based in Steubenville, OH. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Institute for Political Philosophy and Theology reported income of $256k and spending of $264k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.8m to $256k (-91%), an average of -70% a year. The sharpest change came in the year to December 2023, when income rose by 223%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute for Political Philosophy and Theology sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Sunflower Music Festival Inc ($256k), Cabot Community Association Inc ($256k) and Clarity Educational Productions Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $75k (28% of expenses). Other salaries and wages came to $81k. At year end it held assets of $272k against liabilities of $0, net assets of $272k. It reported 5 employees.