Institute for Future Intelligence Inc

Analysis

Institute for Future Intelligence Inc is a registered charity in United States, based in Natick, MA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, Institute for Future Intelligence Inc reported income of $1.0m and spending of $1.1m, spending 101% of its income. Across the 2 years on record, from September 2021 to September 2022, income grew from $537k to $1.0m (+95%), an average of +95% a year. The sharpest change came in the year to September 2022, when income rose by 95%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Future Intelligence Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Castle Wood Terrace Inc ($1.0m), Lurleen B Wallace Community College ($1.0m) and Kalamazoo Country Day School ($1.0m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $231k (22% of expenses). Other salaries and wages came to $231k. At year end it held assets of $316k against liabilities of $320k, net assets of -$3,839. It reported 7 employees.