Iter Inc

Analysis

Iter Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Iter Inc reported income of $268k and spending of $270k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $268k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iter Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Tbi Warrior Foundation ($268k), Straight Truth About Hormonesfoundation Inc ($268k) and Highland Falls Library ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $26k (9.6% of expenses). At year end it held assets of $302k against liabilities of $0, net assets of $302k.