Fraser Institute

Analysis

Fraser Institute is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in August 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Fraser Institute reported income of $10.6m and spending of $10.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $10.6m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fraser Institute 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. Charities of a similar size with the same main cause include Sea Education Association Inc ($10.6m), Hospice of Muskegon County Inc ($10.6m) and Villages Ltd ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $485k (4.6% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $15.0m against liabilities of $13.9m, net assets of $1.1m. It reported 51 employees.