Center for Tax and Budget Accountability N F P

Analysis

Center for Tax and Budget Accountability N F P is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Tax and Budget Accountability N F P reported income of $618k and spending of $578k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $796k to $618k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Tax and Budget Accountability N F P sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Community Housing Services ($618k), Tri-Star Gymnastics Inc ($618k) and Cedar Rapids Community School District Foundation ($618k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $126k (22% of expenses). Other salaries and wages came to $222k. At year end it held assets of $977k against liabilities of $22k, net assets of $955k. It reported 5 employees.