Information Technology Senior Management Forum Inc

Analysis

Information Technology Senior Management Forum Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2002, 24 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 2022, Information Technology Senior Management Forum Inc reported income of $3.9m and spending of $3.9m, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.4m to $3.9m (+58%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Information Technology Senior Management Forum Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Enterprise Center Inc ($3.9m), L E Phillips Career Development Center Inc ($3.9m) and Masshire North Central Workforce Board Inc ($3.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 28% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $274k (7.0% of expenses). Other salaries and wages came to $1.1m. It paid $18k in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $1.3m, net assets of $755k. It reported 14 employees.