Tax Council Policy Institute

Analysis

Tax Council Policy Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 Council Policy Institute reported income of $690k and spending of $719k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $644k to $690k (+7.3%), an average of +1.8% a year. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tax Council Policy Institute sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Mill Reef Fund ($690k), Peyback Foundation Inc ($691k) and Occu Foundation Inc ($690k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. At year end it held assets of $1.3m against liabilities of $32k, net assets of $1.2m.