Institute of Transportation Engineers North Carolina Section

Analysis

Institute of Transportation Engineers North Carolina Section is a registered charity in United States, based in Conover, NC. It received its IRS tax-exemption ruling in May 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Institute of Transportation Engineers North Carolina Section reported income of $117k and spending of $136k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $117k (+5.7%), an average of +5.7% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Institute of Transportation Engineers North Carolina Section sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include El Puente Hispano ($117k), Making a Change CDC and Housing Services ($117k) and 50 50 Startups Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 86% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.