Tax Analysts

Analysis

Tax Analysts is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in March 1971, 55 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tax Analysts reported income of $32.8m and spending of $32.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.4m to $32.8m (+16%), an average of +3.7% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tax Analysts sits at the 99th 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 98th percentile within VA. Charities of a similar size with the same main cause include Georgia State University Athletic Association Inc ($32.7m), Independent Order of Odd Fellows ($32.9m) and Southern Highlands Community Mental Health Center ($32.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $3.2m (10% of expenses). Other salaries and wages came to $16.2m. At year end it held assets of $77.5m against liabilities of $25.1m, net assets of $52.4m. It reported 197 employees.