United States Telecommunications Training Institute

Analysis

United States Telecommunications Training Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, United States Telecommunications Training Institute reported income of $3.2m and spending of $3.3m, spending 102% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.0m to $3.2m (+217%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 120%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United States Telecommunications Training Institute sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 74th percentile within DC. Charities of a similar size with the same main cause include S M O O T H Inc ($3.2m), Star Choices Inc ($3.2m) and Chebra Agudas Achim Chesed Shel Emeth ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $245k (7.5% of expenses). Other salaries and wages came to $255k. At year end it held assets of $827k against liabilities of $373k, net assets of $455k. It reported 4 employees.