Institute for Creation Research

Analysis

Institute for Creation Research is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1980, 46 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 June 2024, Institute for Creation Research reported income of $12.9m and spending of $10.3m, leaving 20% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $14.4m to $12.9m (-11%), an average of -2.3% a year. The sharpest change came in the year to June 2020, when income dropped by 24%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute for Creation Research sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Wqed Multimedia ($12.8m), Please Touch Museum ($12.9m) and Trust for the National Mall ($12.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $308k (3.0% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $53.4m against liabilities of $2.7m, net assets of $50.6m. It reported 73 employees.