Istituto Italiano Scuola

Analysis

Istituto Italiano Scuola is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Istituto Italiano Scuola reported income of $698k and spending of $691k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $507k to $698k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Istituto Italiano Scuola sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Friends Forever ($698k), Community Project ($698k) and Waterworks Preservation Trust Inc ($698k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $100k (15% of expenses). Other salaries and wages came to $363k. At year end it held assets of $468k against liabilities of $78k, net assets of $390k. It reported 24 employees.