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Spring Institute for Intercultural Learning

RegisteredEIN 84-0788093Denver, COOther charitable purposes
Income$3.6m2023-12
Spending$3.5msame year
Spent / received95%5-year average
Size in its cause90th pctOther charitable purposes
Exempt since1980School
Employees60latest return

Analysis

Spring Institute for Intercultural Learning is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 1980, 46 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spring Institute for Intercultural Learning reported income of $3.6m and spending of $3.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.6m (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spring Institute for Intercultural Learning sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Missouri United Methodist ($3.6m), Recreation Rooms and Settlement ($3.6m) and Massanutten Academy ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $109k (3.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.8m against liabilities of $435k, net assets of $1.4m. It reported 60 employees.

Income and spending

$0$890k$1.8m$2.7m$3.6m2019 Income: $2,100,9172019 Spending: $2,101,42720192020 Income: $1,863,6692020 Spending: $1,948,83620202021 Income: $2,483,8782021 Spending: $2,106,38820212022 Income: $3,000,7732022 Spending: $2,769,29020222023 Income: $3,559,0982023 Spending: $3,452,5002023
IncomeSpending

Where the income comes from

  • Contributions & grants 57%
  • Program services 42%
  • Other 1.0%

Similar-sized charities, same cause

CharityLocationIncome
Missouri United MethodistColumbia$3.6m
Recreation Rooms and SettlementBrooklyn$3.6m
Massanutten AcademyWoodstock$3.6m
Visually Impaired Preschoolers Services of Greater Louisville IncLouisville$3.6m