Training and Simulation Technology Consortium Inc

Analysis

Training and Simulation Technology Consortium Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Training and Simulation Technology Consortium Inc reported income of $1.5m and spending of $1.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $686k to $1.5m (+116%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Training and Simulation Technology Consortium Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Georgia Appellate Prac & Educ Resource ($1.5m), Health Occupations Students of America ($1.5m) and Riverside Healthcare Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $352k (25% of expenses). Other salaries and wages came to $316k. At year end it held assets of $611k against liabilities of $111k, net assets of $500k. It reported 6 employees.