National Telecommuting Institute

Analysis

National Telecommuting Institute is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Telecommuting Institute reported income of $13.3m and spending of $13.9m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.6m to $13.3m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Telecommuting Institute sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Greater Lake City Alliance ($13.3m), Project Access Inc ($13.3m) and New York District Council CRPNTRS Apprntcshp Jrnymn Retraing Educa ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $315k (2.3% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $5.9m against liabilities of $1.4m, net assets of $4.5m. It reported 770 employees.