International Society of Transport

Analysis

International Society of Transport is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Society of Transport reported income of $1.3m and spending of $1.0m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.3m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Society of Transport sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Henry County Private School Foundation Inc ($1.3m), Carl Albert State College Development Foundation ($1.3m) and Educational Resources for Children Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $6.8m against liabilities of $109k, net assets of $6.7m.