Institute for Transportation and Development Policy

Analysis

Institute for Transportation and Development Policy is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1985, 41 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, Institute for Transportation and Development Policy reported income of $8.3m and spending of $13.0m, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.4m to $8.3m (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute for Transportation and Development Policy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Family Services Incorporated ($8.3m), East Orange Child Development Corp ($8.3m) and Western Eagle Foundation Inc ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $580k (4.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $5.3m against liabilities of $3.4m, net assets of $1.9m. It reported 28 employees.