Institute for Truck Transportation Management

Analysis

Institute for Truck Transportation Management is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Institute for Truck Transportation Management reported income of $691k and spending of $215k, leaving 69% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $595k to $691k (+16%), an average of +3.8% a year. The sharpest change came in the year to September 2022, when income rose by 53%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute for Truck Transportation Management sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Serra International ($691k), Eastern Massachusetts Abortion Fund ($691k) and Crossroads Publications ($691k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $3.6m against liabilities of $22k, net assets of $3.5m.