Overview
What is International Tax And Investment Center?
The International Tax and Investment Center (ITIC) is a nonprofit organization situated in Washington, D.C., specifically at 1634 I Street NW. Established with a focus on indirect tax studies and workshops in Kenya and Ghana in 2000, ITIC has since expanded its scope to promote pro-growth tax, trade, and investment policies in non-OECD countries. It achieves this by fostering mutual understanding and trust between businesses and governments through its ITIC Neutral Table. One of its significant initiatives is the Africa Tax Dialogue, which brings together secretariats from various regional economic communities in Africa to discuss tax coordination and share best practices. With a workforce of five dedicated individuals, ITIC organizes issue- and country-specific workshops with finance and revenue officials across the continent, contributing to the improvement of tax policies in non-OECD countries.
Official website here: www.iticnet.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97% (Four-Star out of Four Star rating)
The International Tax and Investment Center has received an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. With an overall score of 97%, the organization exhibits strong governance practices, including a board composed of 97% independent members and robust policies for conflict of interest, whistleblower protections, and document retention.
Financially, the center demonstrates excellent efficiency with a program expense ratio of 78.41%, indicating that a significant portion of its expenditures directly supports its mission. Additionally, the organization maintains a low fundraising efficiency ratio of $0.03, showcasing its ability to raise funds effectively without incurring excessive costs. Its liabilities to assets ratio stands at a solid 11.13%, suggesting a healthy balance sheet.
One notable strength of the organization is its commitment to transparency, as evidenced by the thoroughness of its financial audits and oversight committees. The absence of any material diversion of assets reinforces trust among donors. Overall, the International Tax and Investment Center exemplifies a reliable nonprofit with a strong focus on accountability and effective resource management.
This AI summary has been generated from information found on Charity Navigator.
Is International Tax And Investment Center legitimate?
International Tax And Investment Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Tax And Investment Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,054,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $129,765
For more financial information, click here
Official website here: www.iticnet.org
What is the mission statement of International Tax And Investment Center?
The International Tax and Investment Center (ITIC) aims to encourage pro-growth tax, trade, and investment policies in non-OECD countries. They accomplish this by fostering mutual understanding and trust between businesses and governments through the ITIC Neutral Table and high-quality analysis. The organization's work in Africa, for instance, involves conducting indirect tax studies, organizing in-country workshops, and facilitating discussions on tax coordination within regional economic communities. By bringing together secretariats from various African economic communities, ITIC shares best practices and promotes effective tax policies.
Official website here: www.iticnet.org
Who is the CEO of International Tax And Investment Center?
Daniel Witt is the Principal Officer of International Tax And Investment Center.
Official website here: www.iticnet.org
What is the revenue of International Tax And Investment Center?
International Tax And Investment Center's revenue in 2022 was $3,359,261.
Official website here: www.iticnet.org
Who are the executives of International Tax And Investment Center and what are their salaries?
The average compensation at International Tax And Investment Center during 2022 was $236,759. There are 5 employees and 39 volunteers at International Tax And Investment Center.
Here are 41 key members and their salaries:
- Compensation: $475,000
- Related: $0
- Other: $177,659
- Compensation: $325,000
- Related: $0
- Other: $76,369
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.iticnet.org
Where can I find the form 990 for International Tax And Investment Center?
International Tax And Investment Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iticnet.org
Learn more at the official website: www.iticnet.org
Mission Statement of International Tax And Investment Center
The International Tax and Investment Center, or ITIC, is dedicated to fostering pro-growth tax, trade, and investment policies in non-OECD countries. It achieves this objective by promoting mutual understanding and trust between businesses and governments through the ITIC Neutral Table. This organization operates based on high-quality analysis, aiming to facilitate beneficial policies in these countries.
One of ITIC's significant initiatives is its work in Africa. It started its activities in Africa in 2000, conducting indirect tax studies and hosting in-country workshops in Kenya and Ghana. In 2010, ITIC founded the Africa Tax Dialogue, focusing on tax coordination within Regional Economic Communities (RECs) in Africa. This platform brings together the secretariats from the East African Community (EAC), Southern African Development Community (SADC), West African Economic and Monetary Union (UEMOA), and Economic Community of West African States (ECOWAS). They discuss their own tax coordination strategies and share best practices from other countries. Additionally, ITIC conducts issue- and country-specific workshops with finance and revenue officials across the continent to further their mission.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
International Tax And Investment Center's impact can be seen in its efforts to encourage pro-growth tax, trade, and investment policies in non-OECD countries. By facilitating mutual understanding and trust between business and government through high-quality analysis and the ITIC Neutral Table, ITIC plays a crucial role in shaping economic policies that benefit both parties.
One significant area of impact is ITIC's work in Africa, where it has been actively involved since 2000. Through projects such as the Africa Tax Dialogue, ITIC focuses on tax coordination within regional economic communities in Africa, such as the East African Community, Southern African Development Community, West African Economic and Monetary Union, and Economic Community of West African States. By bringing together key stakeholders and organizing workshops with finance and revenue officials across the continent, ITIC is instrumental in promoting effective tax policies and practices in Africa.
Overall, International Tax And Investment Center's impact is evident in its commitment to fostering collaboration, dialogue, and best practices in tax, trade, and investment policies, ultimately contributing to economic growth and development in non-OECD countries.
This information is meant to be a general summary of International Tax And Investment Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $25,576
- Gross Receipts: $6,299,261
Assets and Liabilities:
- Total Assets: $4,209,703
- Total Liabilities: $468,692
- Net Assets: $3,741,011
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1993
Phone
(202) 530-9799Principal Officer
Daniel Witt
Main Address
1634 I STREET NW, WASHINGTON, DC, 200064018
Website
www.iticnet.orgNTEE Category
Code: W22Z - Public benefit
If you are a representative of International Tax And Investment Center and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.