Itee Global

Analysis

Itee Global is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 2014, 12 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, Itee Global reported income of $689k and spending of $718k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $947k to $689k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Itee Global sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Ocala First Preschool Inc ($689k), Learning Circle Inc ($689k) and Union County Library System ($689k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $28k (3.8% of expenses). Other salaries and wages came to $370k. At year end it held assets of $165k against liabilities of $8,649, net assets of $157k. It reported 13 employees.