Carnegie International Students Institute Corporation

Analysis

Carnegie International Students Institute Corporation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. 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, Carnegie International Students Institute Corporation reported income of $724k and spending of $374k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $283k to $724k (+156%), an average of +156% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carnegie International Students Institute Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Tri-County United Way Inc ($724k), Hastings Public Schools Foundation ($724k) and New Jersey Music Educators Association ($724k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $143k (38% of expenses). At year end it held assets of $601k against liabilities of $7,450, net assets of $594k.