INTERNATIONAL TAX AND INVESTMENT CENTER Charity Report

Public IRS 990 nonprofit record

INTERNATIONAL TAX AND INVESTMENT CENTER

EIN 52-1852434 · Public & Societal Benefit (W22Z)

What they do

ITICS MISSION is to ENCOURAGE PRO-GROWTH TAX, TRADE and INVESTMENT POLICIES IN NON OECD COUNTRIES BY FACILITATING MUTUAL UNDERSTANDING and TRUST BETWEEN BUSINESS and GOVERNMENT THROUGH THE ITIC NEUTRAL TABLE and BASED ON HIGH QUALITY ANALYSIS. ITIC SERVES AS A CLEARINGHOUSE for INFORMATION ON BEST PRACTICES IN TAXATION and INVESTMENT POLICY, and AS A TRAINING CENTER to TRANSFER SUCH KNOW HOW to IMPROVE THE INVESTMENT CLIMATES of TRANSITION and DEVELOPING COUNTRIES, THEREBY SPURRING FORMATION and DEVELOPMENT of BUSINESS and ECONOMIC PROSPERITY. ORGANIZED IN 1993, ITIC is AN INDEPENDENT NONPROFIT RESEARCH and EDUCATION FOUNDATION WITH OFFICES IN THE UNITED STATES and THE UNITED KINGDOM.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders34 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.65%of revenue went to mission work78.3% of expenses · Program services

2.02%of revenue went to fundraising2.0% of expenses

$101.72spent for every $100 of revenueSpending was higher than revenue this year.

20.05%of revenue went to management and office costs19.7% of expenses

$1.14in assets for every $1 spent this yearSome assets cannot be spent right away.

96.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $64,330 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $701,425 for DANIEL A WITT (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,746,515

Mission workProgram services$2,984,11279.65% of revenue78.3% of expenses

ManagementOffice and general costs$751,03220.05% of revenue19.7% of expenses

FundraisingAsking for donations$75,7012.02% of revenue2.0% of expenses

Total expenses$3,810,845101.72% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 78.3% mission · 19.7% management · 2.0% fundraisingTotal expenses: 101.72% of revenue

2023Expense mix: 80.3% mission · 17.8% management · 1.9% fundraisingTotal expenses: 97.83% of revenue

2022Expense mix: 78.5% mission · 19.4% management · 2.1% fundraisingTotal expenses: 95.24% of revenue

2021Expense mix: 78.2% mission · 19.3% management · 2.4% fundraisingTotal expenses: 101.52% of revenue

2020Expense mix: 78.5% mission · 18.9% management · 2.6% fundraisingTotal expenses: 124.85% of revenue

2019Expense mix: 78.5% mission · 18.9% management · 2.6% fundraisingTotal expenses: 113.99% of revenue

2018Expense mix: 78.5% mission · 18.9% management · 2.6% fundraisingTotal expenses: 117.53% of revenue

Money in and money out

Revenue$3,746,515

Expenses$3,810,845

Annual shortfall $64,330 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,984,112 · 78.3% of expenses

Management and office costs$751,032 · 19.7% of expenses

Fundraising$75,701 · 2.0% of expenses

See all reported dollar amounts

Revenue$3,746,515

Expenses$3,810,845

Assets$4,332,392

Income$5,806,515

Contributions$3,604,735

Mission work (program services)$2,984,112

Fundraising$75,701

Management and general$751,032

Stocks and bonds$2,941,266

Accounting fees$250,771

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DANIEL A WITTPRESIDENT · 70 hrs/week $701,425Base $505,000 · Other $196,425

BLAKE MARSHALLVICE PRESIDENT · 50 hrs/week $442,566Base $355,000 · Other $87,566

THE HONORABLE JAMES C MILLER IIICHAIRMAN EXECUTIVE COMMITTEE · 6 hrs/week $10,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (34)

DANIEL A WITTPRESIDENT

BLAKE MARSHALLVICE PRESIDENT

THE HONORABLE JAMES C MILLER IIICHAIRMAN EXECUTIVE COMMITTEE

MS LILY HOANGDIRECTOR

THE RT HONORABLE VISCOUNT WAVERLEYHONORARY CO-CHAIR

MS RACHAEL ROBERTSONDIRECTOR

MS STEPHANIE SWEETDIRECTOR

MS VICTORIA PERRYDIRECTOR

MS YEN PHAMDIRECTOR

SIR MARK MOODY-STUARTHONORARY CO-CHAIR

THE HONORABLE ANA PALACIOHONORARY CO-CHAIR

THE HONORABLE DAVE CAMPCO-CHAIRMAN

THE HONORABLE IL SAKONGHONORARY CO-CHAIR

THE HONORABLE JEAN LEMIERREHONORARY CO-CHAIR

THE HONORABLE MUKHISA KITYUIHONORARY CO-CHAIR

THE HONORABLE THOMAS R PICKERINGCO-CHAIRMAN EMERITUS

THE RIGHT HONORABLE LORD DAVID HUNTCO-CHAIRMAN EMERITUS

THE RT HONORABLE LORD FRANCIS MAUDECO-CHAIRMAN

MS LAUREN ABBOTTDIRECTOR

MS JAQUI FREEMANDIRECTOR

MS ELISE JONESDIRECTOR

MR TOM ROESSERDIRECTOR

MR SETH TERKPERDIRECTOR

MR SCOTT MCCANDLESSDIRECTOR

MR MICHAEL GOLTZMANDIRECTOR

MR MATTHEW LANDYAUDIT COMMITTEE CHAIRMAN

MR MA QIANGDIRECTOR

MR KURT BURROWSDIRECTOR

MR HUGH DONAHUEDIRECTOR

MR GIORGIO BIGONIDIRECTOR

MR GERMAN MINANODIRECTOR

MR DAVID SILVESTRODIRECTOR

MR CHRISTIAN KAESERDIRECTOR

MR CHAD WITHERSDIRECTOR

About this charity

Recognized since: January 1994
Location: 1634 I ST NW STE 500, WASHINGTON, DC 20006-0005
County: District of Columbia
In care of: % DANIEL A WITT
Primary officer: DANIEL A WITT, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(202) 530-9799

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: LANE & COMPANY CPAS
NTEE classification: Public & Societal Benefit (W22Z)