Institute Of Internal Auditors

Institute of Internal Auditors shows consistent revenue growth and strong asset accumulation with no reported officer compensation.

EIN: 135532538 · Lake Mary, FL · Updated: 2026-03-28

$94.5MRevenue

$114.8MAssets

85/100Mission Score (Excellent)

Is Institute Of Internal Auditors Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Institute Of Internal Auditors directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Institute Of Internal Auditors

Institute Of Internal Auditors (EIN: 135532538) is a nonprofit organization based in Lake Mary, FL. The organization reported total revenue of $94.5M and total assets of $114.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Internal Auditors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Institute of Internal Auditors demonstrates consistent financial growth and strong asset accumulation over the past decade. Revenue has steadily increased from $47 million in 2013 to over $64 million in 2022, with a notable jump to $94.4 million in the latest reported period. The organization consistently operates with a surplus, as evidenced by expenses generally being lower than revenue, contributing to its robust asset base which grew from $47.8 million in 2013 to $114.8 million currently. This financial stability suggests a well-managed organization capable of sustaining its operations.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment is challenging. However, the consistent surpluses indicate that the organization is not overspending its income. The 'Officer Comp=0%' across all filings is a significant point for transparency, suggesting that executive compensation is either reported differently or is not a direct salary expense from the organization's primary operations, which warrants further investigation for a complete picture of compensation practices. The consistent growth in assets relative to liabilities also points to sound financial management.

Overall, the Institute of Internal Auditors appears financially healthy and well-managed based on its revenue growth, asset accumulation, and consistent operating surpluses. The lack of reported officer compensation in the provided summary is a notable aspect for transparency, requiring deeper scrutiny of the full 990 forms to understand how leadership is compensated, if at all, and to fully assess spending efficiency across different categories.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Institute Of Internal Auditors with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Institute Of Internal Auditors allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The provided data consistently shows 'Officer Comp=0%' across all reported periods, which is unusual for an organization of this size with revenues exceeding $60 million. This suggests executive compensation may be reported under different categories or is not directly paid as officer compensation, requiring further investigation of the full 990 forms for clarity.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Institute Of Internal Auditors's IRS 990 filings:

Lack of reported officer compensation in summary data, requiring further investigation for transparency.

Strengths

The following positive indicators were identified for Institute Of Internal Auditors:

Consistent revenue growth, from $47M in 2013 to $94M in the latest period.
Strong asset accumulation, growing from $47.8M in 2013 to $114.8M currently.
Consistent operating surpluses, with revenues generally exceeding expenses.
Healthy asset-to-liability ratio, indicating strong financial stability.

Frequently Asked Questions about Institute Of Internal Auditors

Is Institute Of Internal Auditors a legitimate charity?

Based on AI analysis of IRS 990 filings, Institute Of Internal Auditors (EIN: 135532538) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Institute Of Internal Auditors spend its money?

Institute Of Internal Auditors directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Institute Of Internal Auditors tax-deductible?

Institute Of Internal Auditors is registered as a tax-exempt nonprofit (EIN: 135532538). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How is executive compensation handled if 'Officer Comp=0%' is consistently reported?

The consistent reporting of 'Officer Comp=0%' across all filings for an organization with revenues exceeding $60 million suggests that executive compensation might be categorized differently within the IRS 990, such as through related organizations or as contractor payments, rather than direct officer salaries. A deeper dive into the full 990 forms, specifically Part VII, Section A, would be necessary to understand the true compensation structure for key employees and officers.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided summary data does not offer a detailed breakdown of program, administrative, and fundraising expenses. To assess spending efficiency accurately, one would need to review Part IX of the full IRS 990 forms, 'Statement of Functional Expenses', which delineates these categories.

What are the primary sources of the Institute's revenue?

While the total revenue is provided, the specific sources (e.g., membership dues, conferences, publications, investments) are not detailed in this summary. The full IRS 990, specifically Part VIII, 'Statement of Revenue', would provide this breakdown.

Filing History

IRS 990 filing history for Institute Of Internal Auditors showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Institute Of Internal Auditors's revenue has grown by 81.7%, moving from $35.4M to $64.2M. Total assets increased by 226.6% over the same period, from $30.5M to $99.5M. Total functional expenses rose by 107.6%, from $30.4M to $63.1M. In its most recent filing year (2022), Institute Of Internal Auditors reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $31.9M in liabilities against $99.5M in assets (debt-to-asset ratio: 32.0%), resulting in net assets of $67.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$64.2M	$63.1M	$99.5M	$31.9M	—	View 990
2021	$59.4M	$50.9M	$101.4M	$24.6M	—	View 990
2020	$49.7M	$46.2M	$90.6M	$23.6M	—	View 990
2019	$63.0M	$58.6M	$83.7M	$22.7M	—	View 990
2018	$63.6M	$57.1M	$75.1M	$23.2M	—	View 990
2017	$59.1M	$52.7M	$76.3M	$25.6M	—	—
2016	$56.9M	$51.6M	$68.7M	$23.6M	—	View 990
2015	$51.2M	$47.4M	$60.1M	$20.9M	—	View 990
2014	$44.3M	$39.3M	$56.2M	$20.0M	—	View 990
2013	$47.0M	$39.5M	$47.8M	$16.5M	—	View 990
2012	$39.2M	$34.1M	$42.1M	$19.5M	—	View 990
2011	$35.4M	$30.4M	$30.5M	$14.0M	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $64.2M, expenses of $63.1M, and assets of $99.5M (revenue +8.2% year-over-year).
2021: Revenue of $59.4M, expenses of $50.9M, and assets of $101.4M (revenue +19.5% year-over-year).
2020: Revenue of $49.7M, expenses of $46.2M, and assets of $90.6M (revenue -21.2% year-over-year).
2019: Revenue of $63.0M, expenses of $58.6M, and assets of $83.7M (revenue -0.9% year-over-year).
2018: Revenue of $63.6M, expenses of $57.1M, and assets of $75.1M (revenue +7.6% year-over-year).
2017: Revenue of $59.1M, expenses of $52.7M, and assets of $76.3M (revenue +3.9% year-over-year).
2016: Revenue of $56.9M, expenses of $51.6M, and assets of $68.7M (revenue +11.2% year-over-year).
2015: Revenue of $51.2M, expenses of $47.4M, and assets of $60.1M (revenue +15.4% year-over-year).
2014: Revenue of $44.3M, expenses of $39.3M, and assets of $56.2M (revenue -5.7% year-over-year).
2013: Revenue of $47.0M, expenses of $39.5M, and assets of $47.8M (revenue +19.8% year-over-year).
2012: Revenue of $39.2M, expenses of $34.1M, and assets of $42.1M (revenue +11.0% year-over-year).
2011: Revenue of $35.4M, expenses of $30.4M, and assets of $30.5M.

Data Sources and Methodology

This transparency report for Institute Of Internal Auditors is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.