Center for Cultural and Technical Interchange Between East and West

Analysis

Center for Cultural and Technical Interchange Between East and West is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in January 1975, 51 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Center for Cultural and Technical Interchange Between East and West reported income of $33.0m and spending of $34.5m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $27.4m to $33.0m (+20%), an average of +4.8% a year. The sharpest change came in the year to September 2021, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Center for Cultural and Technical Interchange Between East and West sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within HI. Charities of a similar size with the same main cause include National Defense Industrial Association ($32.9m), Institute for Study Abroad Inc ($33.8m) and International Planned Parenthood Federation ($32.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $2.4m (7.0% of expenses). Other salaries and wages came to $12.4m. At year end it held assets of $44.0m against liabilities of $11.0m, net assets of $33.0m. It reported 200 employees.