Itineris Foundation

Analysis

Itineris Foundation is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Itineris Foundation reported income of $971k and spending of $2.1m, spending 220% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $971k (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2020, when income dropped by 24%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Itineris Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Facial Pain Research Foundation Inc ($971k), Hatzalah Chicago ($972k) and Health Care Transformation Task Force Inc ($971k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $223k. At year end it held assets of $4.5m against liabilities of $6,132, net assets of $4.5m.