Center on Budget and Policy Priorities

Analysis

Center on Budget and Policy Priorities is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1982, 44 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 on Budget and Policy Priorities reported income of $32.2m and spending of $44.3m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $53.4m to $32.2m (-40%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center on Budget and Policy Priorities sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within DC. Charities of a similar size with the same main cause include Volunteers of America Inc ($32.2m), Action Pact Inc ($32.2m) and Bentley School ($32.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $1.8m (4.0% of expenses). Other salaries and wages came to $16.5m. At year end it held assets of $163.9m against liabilities of $26.4m, net assets of $137.5m. It reported 205 employees.