Empowers global citizens and institutions through international education, study abroad programs, and exchange opportunities to foster a more peaceful, sustainable, and just world.
Empowers global citizens and institutions through international education, study abroad programs, and exchange opportunities to foster a more peaceful, sustainable, and just world.
For fiscal year 2024 it reported $88.5M in revenue, $89.3M in expenses, and $51.0M in net assets.Pt I
Where the money goes · FY2024
Total revenue
$88.5M
Pt VIII · Ln 12
Total expenses
$89.3M
Pt IX · Ln 25
Net assets
$51.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$823K
Where spending went · Part IX cols B–D
89%
Program services $0.89 Management & general $0.10 Fundraising $0.01
Program efficiency
89%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
7.2mo
months of highly liquid reserves at operating expense rate▲ +33% vs prior filing year
Surplus margin
-1%
revenue over expenses, this year▼ -419% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$88.5M
FY2024▼ -20%
$110.9M$55.4M$0
FY2020FY2024
Expenses
$89.3M
FY2024▼ -19%
$112.5M$56.2M$0
FY2020FY2024
Total assets
$72.0M
FY2024▲ +7%
$72.0M$36.0M$0
FY2020FY2024
Total liabilities
$21.0M
FY2024▲ +12%
$23.6M$11.8M$0
FY2020FY2024
Total revenue
$88.5M
Pt VIII · Ln 12
Total expenses
$89.3M
Pt IX · Ln 25
Net assets
$51.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$823K
Total assetsPt X · Ln 16$72.0M
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 324
Independent voting membersPt I · Ln 423
Mission & Programs · Part III
Where the work happens
3 program services account for $73.9M of program spending, described in the organization's own filed words · FY2024.
01
Global Development and Exchange
For more than 90 years, world learning has advanced american leadership at home and abroad by equipping students, professionals, and institutions with the skills, networks, and real-world experience needed to address today's most pressing challenges.
$52.8Mprogram expense
02
Sit Study Abroad
A pioneer in experiential, field-based study abroad programs, offers accredited academic semester, summer and custom-term programs for undergraduate students in over 40 countries worldwide, as well as comparative honors programs in multiple locations.
$15.1Mprogram expense
03
International Honors Programs (ihp)
Ihp offers undergraduate students a unique comparative learning opportunity to analyze and contrast today's global conditions, evaluate issues and challenges, and compare solutions across countries and cultures.
Sophia Howlett’s $383K as President, Sit (thru 12/25)
is at the 75th percentile of top reported officer pay among 344 $10–100M international nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
Individual Sophia Howlett · Reported title PRESIDENT, SIT (THRU 12/25) · Highest reported compensation $383K · Total expenses $89.3M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $34.9M · Total expenses $89.3M
39%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
89%
—
—
Overhead ratio
10%
—
—
Fundraising cost ratio
69%
—
—
Revenue growth
-20%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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