International Technology and Engineering Educators Association

Analysis

International Technology and Engineering Educators Association is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in April 1956, 70 years ago. 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 June 2023, International Technology and Engineering Educators Association reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $1.2m (-50%), an average of -16% a year. The sharpest change came in the year to June 2020, when income dropped by 50%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Technology and Engineering Educators Association sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Himalayan Academy ($1.2m), Hope of South Texas Inc ($1.2m) and Natl Orgn for the Prof Adv of Black Chemists & Chemical Engineers ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $167k (13% of expenses). Other salaries and wages came to $378k. At year end it held assets of $382k against liabilities of $643k, net assets of -$261k. It reported 8 employees.