Information Technology Industry Council Ltd
Information Technology Industry Council Ltd shows consistent revenue growth and strong asset accumulation with undisclosed functional expense breakdown.
EIN: 131954338 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25.7M |
| Total Expenses | $21.0M |
| Net Assets | $12.1M |
| Transparency Score | 50/100 |
Is Information Technology Industry Council Ltd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Information Technology Industry Council Ltd
Information Technology Industry Council Ltd (EIN: 131954338) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $25.7M and total assets of $29.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Information Technology Industry Council Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Information Technology Industry Council Ltd is a large nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.6M |
| Total Expenses | $21.0M |
| Surplus / Deficit | +$639K |
| Total Assets | $27.4M |
| Total Liabilities | $15.3M |
| Net Assets | $12.1M |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 55.8% |
| Months of Reserves | 15.7 months |
Financial Health Grade: A
In 2023, Information Technology Industry Council Ltd reported a surplus of $639K with revenue exceeding expenses, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 55.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Information Technology Industry Council Ltd's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +5.7% | +17.8% |
| 2022 | -1.0% | +10.8% | -0.4% |
| 2021 | +12.6% | +10.6% | +33.9% |
| 2020 | +8.6% | +7.9% | +33.6% |
| 2019 | +13.2% | +1.6% | +41.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1938 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Information Technology Industry Council Ltd with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Information Technology Industry Council Ltd allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $639K, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.8%.
Executive Compensation Analysis
The provided data indicates 'Officer Comp=0%' for all listed periods, suggesting that executive compensation is either not reported in this field or is paid through other means not captured here, or that the organization's officers are not compensated. This lack of reported compensation makes it impossible to analyze executive pay relative to the organization's size and mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Information Technology Industry Council Ltd's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) prevents assessment of spending efficiency.
- Unclear executive compensation reporting ('Officer Comp=0%') raises questions about transparency in leadership remuneration.
Strengths
The following positive indicators were identified for Information Technology Industry Council Ltd:
- Consistent revenue growth, from $11.3 million in 2014 to $21.6 million in 2023, indicating strong financial support.
- Healthy asset accumulation, with assets growing from $8.4 million in 2014 to $27.4 million in 2023, demonstrating financial stability.
- Consistent operating surplus, with revenues exceeding expenses in all reported periods (e.g., $21.6M revenue vs $20.9M expenses in 2023), indicating sound financial management.
Frequently Asked Questions about Information Technology Industry Council Ltd
Is Information Technology Industry Council Ltd a legitimate charity?
Information Technology Industry Council Ltd (EIN: 131954338) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 50/100. It has 13 years of IRS 990 filings on record. Total revenue: $25.7M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Information Technology Industry Council Ltd spend its money?
Information Technology Industry Council Ltd reported $25.7M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Information Technology Industry Council Ltd tax-deductible?
Information Technology Industry Council Ltd is registered as a tax-exempt nonprofit (EIN: 131954338). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Information Technology Industry Council Ltd located?
Information Technology Industry Council Ltd is headquartered in Washington, Washington DC and files with the IRS under EIN 131954338.
How many years of IRS 990 filings does Information Technology Industry Council Ltd have?
Information Technology Industry Council Ltd has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $25.7M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses for ITIC?
The provided IRS 990 data does not include a detailed breakdown of functional expenses, making it impossible to determine the percentages allocated to programs, administration, and fundraising. This information is critical for assessing spending efficiency.
How does ITIC compensate its officers, given the 'Officer Comp=0%' notation?
The 'Officer Comp=0%' notation across all filings suggests that either officers are not compensated, or their compensation is reported under a different category not provided in this summary, or they are compensated by a related entity. Further investigation into the full IRS 990 forms would be needed to clarify this.
What specific programs does ITIC operate with its substantial revenue?
While the financial data shows significant revenue (e.g., $21.6 million in 2023), the provided summary does not detail the specific programs or activities that ITIC undertakes. This information would typically be found in the organization's mission statement and program service accomplishments section of the full 990.
Filing History
IRS 990 filing history for Information Technology Industry Council Ltd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Information Technology Industry Council Ltd's revenue has grown by 119.8%, moving from $9.8M to $21.6M. Total assets increased by 391.7% over the same period, from $5.6M to $27.4M. Total functional expenses rose by 131.4%, from $9.1M to $21.0M. In its most recent filing year (2023), Information Technology Industry Council Ltd reported a surplus of $639K, with revenue exceeding expenses. The organization holds $15.3M in liabilities against $27.4M in assets (debt-to-asset ratio: 55.8%), resulting in net assets of $12.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.6M | $21.0M | $27.4M | $15.3M | — | — |
| 2022 | $20.5M | $19.9M | $23.3M | $12.2M | — | View 990 |
| 2021 | $20.7M | $17.9M | $23.4M | $12.3M | — | View 990 |
| 2020 | $18.4M | $16.2M | $17.5M | $9.2M | — | — |
| 2019 | $16.9M | $15.0M | $13.1M | $6.9M | — | View 990 |
| 2018 | $15.0M | $14.8M | $9.2M | $5.0M | — | View 990 |
| 2017 | $13.8M | $13.5M | $9.8M | $5.8M | — | View 990 |
| 2016 | $13.2M | $13.1M | $9.1M | $5.7M | — | View 990 |
| 2015 | $12.7M | $11.6M | $8.1M | $5.1M | — | View 990 |
| 2014 | $11.3M | $11.1M | $8.5M | $6.1M | — | View 990 |
| 2013 | $9.7M | $9.6M | $6.3M | $4.2M | — | View 990 |
| 2012 | $9.3M | $9.2M | $6.5M | $4.6M | — | View 990 |
| 2011 | $9.8M | $9.1M | $5.6M | $3.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.6M, expenses of $21.0M, and assets of $27.4M (revenue +5.4% year-over-year).
- 2022: Revenue of $20.5M, expenses of $19.9M, and assets of $23.3M (revenue -1.0% year-over-year).
- 2021: Revenue of $20.7M, expenses of $17.9M, and assets of $23.4M (revenue +12.6% year-over-year).
- 2020: Revenue of $18.4M, expenses of $16.2M, and assets of $17.5M (revenue +8.6% year-over-year).
- 2019: Revenue of $16.9M, expenses of $15.0M, and assets of $13.1M (revenue +13.2% year-over-year).
- 2018: Revenue of $15.0M, expenses of $14.8M, and assets of $9.2M (revenue +8.7% year-over-year).
- 2017: Revenue of $13.8M, expenses of $13.5M, and assets of $9.8M (revenue +4.2% year-over-year).
- 2016: Revenue of $13.2M, expenses of $13.1M, and assets of $9.1M (revenue +4.1% year-over-year).
- 2015: Revenue of $12.7M, expenses of $11.6M, and assets of $8.1M (revenue +12.0% year-over-year).
- 2014: Revenue of $11.3M, expenses of $11.1M, and assets of $8.5M (revenue +16.6% year-over-year).
- 2013: Revenue of $9.7M, expenses of $9.6M, and assets of $6.3M (revenue +5.0% year-over-year).
- 2012: Revenue of $9.3M, expenses of $9.2M, and assets of $6.5M (revenue -6.0% year-over-year).
- 2011: Revenue of $9.8M, expenses of $9.1M, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Information Technology Industry Council Ltd:
Data Sources and Methodology
This transparency report for Information Technology Industry Council Ltd is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.