Bastion I Institute

Analysis

Bastion I Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Bastion I Institute reported income of $669k and spending of $559k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $536k to $669k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bastion I Institute sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Crossroads Springs Africa Inc ($669k), The House of Stephanas ($670k) and One Atta Time ($669k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (17% of expenses). At year end it held assets of $333k against liabilities of $18k, net assets of $315k.