National Taxpayers Union Foundation

Analysis

National Taxpayers Union Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1978, 48 years ago. 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, National Taxpayers Union Foundation reported income of $2.7m and spending of $1.9m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $724k to $2.7m (+280%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 160%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Taxpayers Union Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 72nd percentile within DC. Charities of a similar size with the same main cause include Oxbow ($2.7m), Niagara Community Action Program Inc ($2.7m) and 80-92 Ridge Street Housing Development Fund Company Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $344k (18% of expenses). Other salaries and wages came to $1.0m. It paid $12k in professional fundraising fees. At year end it held assets of $5.1m against liabilities of $330k, net assets of $4.8m.