International Society of Beverage Technologists

Analysis

International Society of Beverage Technologists is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, International Society of Beverage Technologists reported income of $674k and spending of $674k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $536k to $674k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 125%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, International Society of Beverage Technologists sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Wausaukee Enterprises Incorporated ($674k), Vision Centre Leadership Development for Aging Services ($674k) and Tipi Raisers ($674k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $163k (24% of expenses). At year end it held assets of $1.1m against liabilities of $207k, net assets of $914k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.