The Niskanen Center Inc

Analysis

The Niskanen Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2014, 12 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, The Niskanen Center Inc reported income of $11.3m and spending of $8.7m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $11.3m (+72%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Niskanen Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Csji-Tiffin Inc ($11.3m), VTS Industries Inc ($11.3m) and Richmond Home Need Services Inc ($11.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2.0m (23% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $12.7m against liabilities of $2.6m, net assets of $10.1m. It reported 48 employees.