Institute for Public Affairs

Analysis

Institute for Public Affairs is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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, Institute for Public Affairs reported income of $899k and spending of $171k, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $899k (-61%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute for Public Affairs 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 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include United Gospel Rescue Mission Inc ($899k), Rochester Figure Skating Club Incorporated ($899k) and Oak Creek Community Center Inc ($899k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $106k (62% of expenses). At year end it held assets of $3.5m against liabilities of $1.1m, net assets of $2.4m. It reported 17 employees.