International Trade Education Programs Inc

Analysis

International Trade Education Programs Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in June 2006, 20 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 June 2023, International Trade Education Programs Inc reported income of $2.5m and spending of $2.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.5m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 22%. 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 Trade Education Programs Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Pasadena Rosebud Academy Charter School ($2.5m), The Columbus Jewish Day School ($2.5m) and Colorado Digital Learning Solutions ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $144k (5.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.6m against liabilities of $238k, net assets of $1.3m. It reported 27 employees.