Institute of Transportation Engineers District 2

Analysis

Institute of Transportation Engineers District 2 is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Institute of Transportation Engineers District 2 reported income of $93k and spending of $86k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $93k (+4.6%), an average of +4.6% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute of Transportation Engineers District 2 sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within DE. Charities of a similar size with the same main cause include Jack & Jill Playschool ($93k), Lieder Alive ($93k) and Eastcare III Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 76% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.