International Technology Center

Analysis

International Technology Center is a registered charity in United States, based in RTP, NC. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 Technology Center reported income of $53k and spending of $111k, spending 209% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $112k to $53k (-53%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 140% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Technology Center sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include The Heritage Park Museum of East Texas ($53k), Northern Mariposa County History Center ($53k) and Casa de LA Cultura Hispana de Lexington ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $5,000 (4.5% of expenses). At year end it held assets of $341k against liabilities of $48k, net assets of $293k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.