Technology Management Institute Inc
Analysis
Technology Management Institute Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in July 2021, 5 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, Technology Management Institute Inc reported income of $327k and spending of $164k, leaving 50% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $157k to $327k (+109%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 1579%. Over the whole period it spent 60% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Technology Management Institute Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include The Citizen Scientists League Inc ($327k), Fox River Trolley Association Inc ($327k) and Coalition of Wisconsin Aging Group Incorporated ($327k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $87k (53% of expenses). At year end it held assets of $201k against liabilities of $0, net assets of $201k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Citizen Scientists League Inc | Sarasota | $327k |
| Fox River Trolley Association Inc | South Elgin | $327k |
| Coalition of Wisconsin Aging Group Incorporated | Madison | $327k |
| Whitewater Community Television Inc | Richmond | $327k |