Institute of Internal Auditors
Public records raise at least one point you should look into before giving.
What it says it does
To promote the internal auditing profession and provide educational opportunities
- Income
- $291,057
- Spending
- $380,528
- Employees
- 0
- Volunteers
- 40
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $318,107 spent. Held informative Chapter meetings with valuable topics presented by knowledgeable speakers. We offered: -11 monthly meetings, including our joint meetings with ACFE Southeastern Chapter of Michigan in November, The IIA Central 1 District Virtual Event in December, ISACA Detroit Chapter in December, and IMA Detroit Chapter in May, that offered 1 or 2 CPEs per meeting. On average, we had 65 attendees. -Annual joint Spring Conference with ISACA Detroit Chapter that provided 35 classes offering 328 CPEs over 15 days to 386 attendees. -Two social events for networking purposes: a volunteer event at Forgotten Harvest in January 2025 and Annual Spring Conference Social in March 2025
- $21,500 spent. Supported academic advancement of the internal audit profession by awarding students awards scholarships totaling $18,000 (9 awards $2,000 each) and contributed $3,500 toward The Institute of Internal Auditors foundation.
- Improved our succession plan by beginning to document committee procedures and identifying leadership for the next 2 Chapter Years.
- Maintained approximately 999 members, representing over 100 companies/organizations. Detroit continues to be one of the largest IIA chapters in the United States.
- Achieved Sapphire chapter achievement status (26 consecutive years of gold status chapter health) continued to offer programming, promote and encourage IIA certifications, advocate for the IIA and the profession, and maintained a strong chapter membership.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1992.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.