Tax Education Support Organization

Analysis

Tax Education Support Organization is a registered charity in United States, based in Muscatine, IA. It received its IRS tax-exemption ruling in November 1985, 41 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tax Education Support Organization reported income of $1.9m and spending of $2.4m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $1.9m (-49%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tax Education Support Organization sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IA. Charities of a similar size with the same main cause include Seal-Naval Special Warfare Foundation-San Diego ($1.9m), Resilience Center of Franklin County Inc ($1.9m) and Esperanza Peace and Justice Center ($1.9m).

Compensation of current officers, directors and key employees was $732k (31% of expenses). Other salaries and wages came to $978k. At year end it held assets of $46.0m against liabilities of $7,956, net assets of $46.0m. It reported 12 employees.