Institute for Critical Infrastructure Technology

Analysis

Institute for Critical Infrastructure Technology is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Institute for Critical Infrastructure Technology reported income of $392k and spending of $439k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $351k to $392k (+12%), an average of +3.7% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute for Critical Infrastructure Technology sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 39th percentile within DC. Charities of a similar size with the same main cause include Newton Cultural Alliance Inc ($392k), Adirondack Center for Writing Inc ($392k) and City Theater Associates Inc 205 Main St ($391k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.