Taoist Studies Institute

Analysis

Taoist Studies Institute is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Taoist Studies Institute reported income of $237k and spending of $183k, leaving 23% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $222k to $237k (+6.4%), an average of +2.1% a year. The sharpest change came in the year to August 2023, when income rose by 52%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Taoist Studies Institute sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within WA. Charities of a similar size with the same main cause include Staunton Downtown Development Association Inc ($237k), Animal Rescue Alliance Inc ($237k) and San Ramon Valley High School Athletic Booster Club ($237k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $16k (8.6% of expenses). Other salaries and wages came to $26k. At year end it held assets of $1.4m against liabilities of $180k, net assets of $1.2m. It reported 3 employees.