Spring Institute for Intercultural Learning
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
Where the income comes from
- Contributions & grants 57%
- Program services 42%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Missouri United Methodist | Columbia | $3.6m |
| Recreation Rooms and Settlement | Brooklyn | $3.6m |
| Massanutten Academy | Woodstock | $3.6m |
| Visually Impaired Preschoolers Services of Greater Louisville Inc | Louisville | $3.6m |