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International Tax & Investment Center

RegisteredEIN 52-1852434Washington, DCOther charitable purposes
Income$3.9m2023-12
Spending$3.8msame year
Spent / received105%5-year average
Size in its cause90th pctOther charitable purposes
Exempt since1994Publicly supported organisat
Employees3latest return

Analysis

International Tax & Investment Center is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1994, 32 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, International Tax & Investment Center reported income of $3.9m and spending of $3.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.9m (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Tax & Investment Center sits at the 90th 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 77th percentile within DC. Charities of a similar size with the same main cause include Combat Marine Outdoors Inc ($3.9m), Talmudical Institute of Upstate New York ($3.9m) and Lutheran Church in America Lutheran Social Services of Northwestern Oh ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $1.1m (29% of expenses). Other salaries and wages came to $113k. At year end it held assets of $4.4m against liabilities of $555k, net assets of $3.9m. It reported 3 employees.

Income and spending

$0$979k$2.0m$2.9m$3.9m2019 Income: $2,509,7622019 Spending: $2,860,92720192020 Income: $2,164,7712020 Spending: $2,702,77220202021 Income: $2,633,7932021 Spending: $2,673,91220212022 Income: $3,359,2612022 Spending: $3,199,46020222023 Income: $3,916,8052023 Spending: $3,831,6552023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Other 2.7%

Similar-sized charities, same cause

CharityLocationIncome
Combat Marine Outdoors IncSpring$3.9m
Talmudical Institute of Upstate New YorkRochester$3.9m
Lutheran Church in America Lutheran Social Services of Northwestern OhToledo$3.9m
The William Paterson University of New Jersey Foundation IncWayne$3.9m