A group of people or single persons wanting to sex up the new kid.

A group of girls with very small boobs

The Fun Activities Committee or (FAC) is the group at every university in charge of activities including day and night drinking games and activities, athletic and recreational events, and raging. It is a hierarchical organization headed by a president, vice president and various other associates.

The imaginary committee you're part of when you have tiny boobs.

A group of small, very young kittens, often depicted in lolcats cutely performing activities generally reserved for adult humans. Alternatively spelled itteh bitteh kitteh committeh.
A feline parody of itty bitty titty committee

A squad only for females with itty bitty titties.

The Itty Bitty Titty Committee is the group of women with tiny breasts. If you're an A cup or under, you're a part of the Itty Bitty Comitee.