Institute of the Americas

Analysis

Institute of the Americas is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in May 1982, 44 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, Institute of the Americas reported income of $2.2m and spending of $2.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.2m to $2.2m (-65%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 82%. 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, Institute of the Americas sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Arizona Immigrant and Refugee Services Inc ($2.2m), Zonta International Foundation ($2.2m) and Friends of Ofanim Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $458k (22% of expenses). Other salaries and wages came to $478k. At year end it held assets of $14.6m against liabilities of $134k, net assets of $14.4m. It reported 8 employees.