Institute Of International Education Inc
Institute of International Education maintains strong revenue and asset growth, but executive compensation reporting lacks detail.
EIN: 131624046 · New York, NY · NTEE: Q220 · Updated: 2026-03-28
Is Institute Of International Education Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institute Of International Education Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Institute Of International Education Inc
Institute Of International Education Inc (EIN: 131624046) is a nonprofit organization based in New York, NY, classified under NTEE code Q220. The organization reported total revenue of $467.7M and total assets of $486.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of International Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of International Education Inc is a major nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $347.0M |
| Total Expenses | $333.8M |
| Surplus / Deficit | +$13.2M |
| Total Assets | $424.8M |
| Total Liabilities | $140.1M |
| Net Assets | $284.7M |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 33.0% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, Institute Of International Education Inc reported a surplus of $13.2M with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 33.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Institute Of International Education Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.3% | +7.5% | +13.0% |
| 2022 | +18.2% | +27.0% | +6.5% |
| 2021 | -23.1% | -11.2% | +14.2% |
| 2020 | +7.8% | -16.6% | +33.1% |
| 2019 | -6.6% | -7.5% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Institute Of International Education Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Institute Of International Education Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.0%.
Executive Compensation Analysis
The consistent reporting of 0% for 'Officer Comp' across all available filings for an organization with hundreds of millions in revenue and expenses is highly unusual and suggests that executive compensation may be reported in a manner not captured by this specific data point, or is exceptionally low/non-existent, which would be atypical for an organization of this scale.
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 International Education Inc's IRS 990 filings:
- Unexplained 0% officer compensation for a large organization, raising transparency concerns.
- Significant historical revenue volatility (e.g., $843M in 2015 to $349M in 2017) could indicate reliance on large, potentially inconsistent funding sources.
Strengths
The following positive indicators were identified for Institute Of International Education Inc:
- Consistent revenue generation over the past five years, demonstrating operational stability.
- Strong asset growth from $232M in 2019 to $424M in 2023, indicating robust financial health and resource accumulation.
- Expenses generally track closely with revenues, suggesting efficient financial management.
- Large scale of operations with latest revenue of $467M, indicating significant impact in its mission area.
Frequently Asked Questions about Institute Of International Education Inc
Is Institute Of International Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute Of International Education Inc (EIN: 131624046) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Institute Of International Education Inc spend its money?
Institute Of International Education Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Institute Of International Education Inc tax-deductible?
Institute Of International Education Inc is registered as a tax-exempt nonprofit (EIN: 131624046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How is executive compensation structured and reported, given the 0% officer compensation in filings?
The provided data consistently shows 0% for 'Officer Comp' across all filings. For an organization of IIE's size, with revenues exceeding $300 million annually, it is highly improbable that no officers receive compensation. This suggests that executive compensation might be reported under different categories, paid through related entities, or structured in a way that isn't captured by this specific 'Officer Comp' metric in the summary data. Further review of the full 990 forms would be necessary to understand this aspect.
What is the primary driver behind the significant revenue fluctuations observed in earlier years (e.g., $843M in 2015 vs. $349M in 2017)?
The revenue figures show substantial fluctuations, such as $843,392,428 in 201509 dropping to $349,053,877 in 201709. These large swings could be due to the nature of large grants, specific program cycles, or changes in funding for major international initiatives. Understanding the specific programs or funding sources that caused these variations would provide insight into the organization's operational stability and funding model.
What is the organization's strategy for managing its increasing liabilities, which grew from $66,261,842 in 202009 to $140,058,045 in 202309?
IIE's liabilities have more than doubled in recent years, from $66,261,842 in 202009 to $140,058,045 in 202309. While assets have also grown, understanding the nature of these liabilities (e.g., program-related payables, deferred revenue, long-term debt) and the organization's strategy for managing them is crucial for assessing long-term financial risk.
Filing History
IRS 990 filing history for Institute Of International Education Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Institute Of International Education Inc's revenue has declined by 5.4%, moving from $366.7M to $347.0M. Total assets increased by 160.5% over the same period, from $163.0M to $424.8M. Total functional expenses fell by 9.9%, from $370.7M to $333.8M. In its most recent filing year (2023), Institute Of International Education Inc reported a surplus of $13.2M, with revenue exceeding expenses. The organization holds $140.1M in liabilities against $424.8M in assets (debt-to-asset ratio: 33.0%), resulting in net assets of $284.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $347.0M | $333.8M | $424.8M | $140.1M | — | View 990 |
| 2022 | $326.5M | $310.6M | $375.9M | $124.8M | — | View 990 |
| 2021 | $276.2M | $244.6M | $353.0M | $73.2M | — | — |
| 2020 | $359.1M | $275.5M | $309.1M | $66.3M | — | — |
| 2019 | $333.2M | $330.2M | $232.2M | $77.9M | — | View 990 |
| 2018 | $356.6M | $357.1M | $228.4M | $75.5M | — | View 990 |
| 2017 | $349.1M | $358.2M | $242.5M | $96.0M | — | View 990 |
| 2016 | $592.2M | $593.2M | $235.2M | $93.5M | — | View 990 |
| 2015 | $843.4M | $830.2M | $263.3M | $128.7M | — | View 990 |
| 2014 | $586.7M | $582.7M | $257.3M | $125.5M | — | View 990 |
| 2013 | $438.6M | $436.2M | $264.1M | $142.9M | — | View 990 |
| 2012 | $384.2M | $386.5M | $214.2M | $105.8M | — | View 990 |
| 2011 | $366.7M | $370.7M | $163.0M | $62.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $347.0M, expenses of $333.8M, and assets of $424.8M (revenue +6.3% year-over-year).
- 2022: Revenue of $326.5M, expenses of $310.6M, and assets of $375.9M (revenue +18.2% year-over-year).
- 2021: Revenue of $276.2M, expenses of $244.6M, and assets of $353.0M (revenue -23.1% year-over-year).
- 2020: Revenue of $359.1M, expenses of $275.5M, and assets of $309.1M (revenue +7.8% year-over-year).
- 2019: Revenue of $333.2M, expenses of $330.2M, and assets of $232.2M (revenue -6.6% year-over-year).
- 2018: Revenue of $356.6M, expenses of $357.1M, and assets of $228.4M (revenue +2.2% year-over-year).
- 2017: Revenue of $349.1M, expenses of $358.2M, and assets of $242.5M (revenue -41.1% year-over-year).
- 2016: Revenue of $592.2M, expenses of $593.2M, and assets of $235.2M (revenue -29.8% year-over-year).
- 2015: Revenue of $843.4M, expenses of $830.2M, and assets of $263.3M (revenue +43.8% year-over-year).
- 2014: Revenue of $586.7M, expenses of $582.7M, and assets of $257.3M (revenue +33.8% year-over-year).
- 2013: Revenue of $438.6M, expenses of $436.2M, and assets of $264.1M (revenue +14.1% year-over-year).
- 2012: Revenue of $384.2M, expenses of $386.5M, and assets of $214.2M (revenue +4.8% year-over-year).
- 2011: Revenue of $366.7M, expenses of $370.7M, and assets of $163.0M.
Data Sources and Methodology
This transparency report for Institute Of International Education Inc 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.