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Washington, D.C. · Nonprofit

INTERNATIONAL RESEARCH & EXCHANGES BOARD INC

INTERNATIONAL RESEARCH & EXCHANGES BOARD INC (Washington, D.C.) receives grants from 35 organizations whose IRS filings report $75,589,289 to it, the largest being PACT INC ($32,953,553). 19 of them have funded it in more than one year.

Revenue FY2025
$147M
Funders on record
35
Grants received
$76M
Net assets
$18M
19/35 repeat funderspeak grant-dependency 10%
01What it does

What International Research & Exchanges Board Inc does

Mission

A not-for-profit organization, irex and its partners empower youth, cultivate leaders, strengthen institutions, and extend access to quality education and information. We focus on education, leadership development, and youth employability to build stronger communities and economies worldwide.

As stated on its FY2025 Form 990.

Programs

  1. We support partners to deliver tangible benefits to the people they serve and strengthen the effectiveness of public institutions. Irex partners with institutions and civic organizations to promote constructive solutions to challenges people and communities face.

    $33,293,262 spentof which $9,938,977 as grants
    28% of program spending
  2. We prepare leaders to solve problems, build networks, make decisions, and drive outcomes. We identify these leaders, develop their capabilities, provide opportunities, and expand their networks to increase impact.

    $30,365,139 spentof which $5,504,749 as grants
    26% of program spending
  3. We work with individuals, institutions, and governments around the world to improve the quality of teaching and learning, inside and outside the classroom. We work with teachers and administrators, from school through university and professional training.

    $27,618,814 spentof which $8,820,250 as grants
    24% of program spending
  4. We support the free flow of information and critical thinking so people can make informed decisions and improve their lives. We work with information consumers and producers to ensure that people can engage with high-quality content.

    $25,806,859 spentof which $9,053,081 as grants
    22% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $117,084,074.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($79M) Expenses 100 ($80M) Net assets 100 ($11M)2018 Revenue 107 ($84M) Expenses 106 ($84M) Net assets 102 ($11M)2019 Revenue 108 ($85M) Expenses 108 ($86M) Net assets 102 ($11M)2020 Revenue 100 ($79M) Expenses 99 ($79M) Net assets 102 ($11M)2021 Revenue 89 ($71M) Expenses 88 ($70M) Net assets 129 ($14M)2022 Revenue 135 ($107M) Expenses 134 ($107M) Net assets 112 ($12M)2023 Revenue 186 ($147M) Expenses 184 ($147M) Net assets 121 ($13M)2024 Revenue 194 ($153M) Expenses 193 ($154M) Net assets 136 ($15M)2025 Revenue 186 ($147M) Expenses 177 ($141M) Net assets 166 ($18M)
'17'18'19'20'21'22'23'24'25
Revenue (186)Expenses (177)Net assets (166)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $39M to $76M (+92%).

$22M
$24M
$23M
$23M
$29M
$30M
$38M
$39M
$76M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 94% · 2018 87% · 2019 93% · 2020 95% · 2021 91% · 2022 95% · 2023 95% · 2024 96% · 2025 91%. Grants only. Government contracts and fees sit inside program revenue.

97% of INTERNATIONAL RESEARCH & EXCHANGES BOARD INC’s revenue is contributions — about as donation-reliant as the typical peer (98% for the typical peer).

This organization
Typical peer · 96 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$789k
’17
−$290k
’18
−$591k
’19
−$420k
’20
$498k
’21
$44k
’22
$23k
’23
−$541k
’24
$5.4M
’25
4.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kathy Thompson

Interim president and CEO (feb to sep '25)

Board chair

David Gross

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed353539413934323134
Joined·+9+10+8+10+5+6+5+8
No longer listed·9661210865
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 11 funders to 15 funders, grant income rose $7.8M → $13M.

10 of 35 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of INTERNATIONAL RESEARCH & EXCHANGES BOARD INC’s funders (the co-funder graph). Top 30 of 35 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INTERNATIONAL RESEARCH & EXCHANGES BOARD INC leans on a few funders — its largest provides 44% of grant income and the top three 65%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

71% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INTERNATIONAL RESEARCH & EXCHANGES BOARD INC.

44%
largest funder
65%
top three
~4
effective funders

Largest funder’s share by year: 2017 52% · 2018 66% · 2019 58% · 2020 46% · 2021 32% · 2022 23% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of INTERNATIONAL RESEARCH & EXCHANGES BOARD INC's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

64% of INTERNATIONAL RESEARCH & EXCHANGES BOARD INC's grant income comes from Washington, D.C. funders.

WA
MI
NY
MA
NJ
CA
VA
AR
NC
DC
AL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $1.9M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

INTERNATIONAL RESEARCH & EXCHANGES BOARD INC runs a healthier operating margin than half of the 53 international nonprofits its size.

Operating margin4% · above the median
Months of reserve4.1mo · above the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 53 international nonprofits over $100M, FY2025

Government funding INTERNATIONAL RESEARCH & EXCHANGES BOARD INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $636.9M on record.

Federal$636.9M
grants $599.7Mcontracts $37.3M
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of State$405.6M
  • Agency for International Development$228.9M
  • National Science Foundation$1.5M
  • Millennium Challenge Corporation$978k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like INTERNATIONAL RESEARCH & EXCHANGES BOARD INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington, D.C.

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 17%Fundraising 0%

Governance

17
board members
94%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NJ

Part of a family of 3 related entities

  • International Research & Exchanges Board (Guaranteed) Limited · disregarded
  • Academy for International Education & Research Inc · exempt
  • Development Gateway Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for INTERNATIONAL RESEARCH & EXCHANGES BOARD INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INTERNATIONAL RESEARCH & EXCHANGES BOARD INC?
INTERNATIONAL RESEARCH & EXCHANGES BOARD INC (Washington, D.C.) receives grants from 35 organizations whose IRS filings report $75,589,289 to it, the largest being PACT INC ($32,953,553). 19 of them have funded it in more than one year.
How many funders does INTERNATIONAL RESEARCH & EXCHANGES BOARD INC have?
IRS filings report 35 organizations giving $75,589,289 in grants to INTERNATIONAL RESEARCH & EXCHANGES BOARD INC, 19 of which have funded it in more than one year.
Who is the largest funder of INTERNATIONAL RESEARCH & EXCHANGES BOARD INC?
PACT INC is the largest funder on record, with $32,953,553 in grants. The full list of funders is on this page.
How can an organization like INTERNATIONAL RESEARCH & EXCHANGES BOARD INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 35 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing