Internet Archive

Analysis

Internet Archive is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Internet Archive reported income of $23.7m and spending of $32.7m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $36.7m to $23.7m (-36%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Internet Archive sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include North Homes Inc ($23.7m), Shalva Israel Assoc to Relieve the Handicapped Child and Family ($23.7m) and Augustana Chapel View Homes Inc ($23.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $16.6m against liabilities of $20.1m, net assets of -$3.5m.