Center for American Progress

Analysis

Center for American Progress is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center for American Progress reported income of $46.1m and spending of $49.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $47.7m to $46.1m (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 104% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Center for American Progress sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 97th percentile within DC. Charities of a similar size with the same main cause include Just Trust for Education ($45.4m), Centro Legal de LA Raza Inc ($46.2m) and Coalition for Humane Immigrant Rights ($44.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $1.2m (2.4% of expenses). Other salaries and wages came to $21.8m. It paid $708k in professional fundraising fees. At year end it held assets of $99.3m against liabilities of $54.5m, net assets of $44.8m. It reported 382 employees.