International Training Fund

Analysis

International Training Fund is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Training Fund reported income of $35.9m and spending of $36.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $31.7m to $35.9m (+13%), an average of +3.1% a year. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International Training Fund sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Goodwill Temporary Services Inc ($35.8m), Affiliates Risk Management Services Inc ($36.1m) and Signal Technology Foundation ($35.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 93% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $54.0m against liabilities of $1.9m, net assets of $52.1m. It reported 30 employees.