INSTITUTE ON TAXATION AND ECONOMIC

WASHINGTON, DC, 20036 (202) 299-1066 Est. 1979 EIN 04-2688165
W00F - Public & Societal Benefit 990 - Public charity return 501(c)(3)
itep.org

Mission

ITEP IS A NON-PROFIT, NON-PARTISAN TAX POLICY ORGANIZATION. WE CONDUCT RIGOROUS ANALYSES OF TAX AND ECONOMIC PROPOSALS AND PROVIDE DATA-DRIVEN RECOMMENDATIONS ON HOW TO SHAPE EQUITABLE AND SUSTAINABLE TAX SYSTEMS. ITEP'S EXPERTISE AND DATA UNIQUELY ENHANCE FEDERAL, STATE, AND LOCAL POLICY DEBATES BY REVEALING HOW TAXES AFFECT BOTH PUBLIC REVENUES AND PEOPLE OF VARIOUS LEVELS OF INCOME AND WEALTH.

Giving Portfolio

Total Grants
3
Total Giving
$50K
Recipients
3
Years Active
2022 - 2024
Avg grant: $16,667 Median: $12,500

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$13K $13K01
20231$13K $13K01
20221$25K $25K10

Sectors Funded

Education
3

Top States

New York
3

Grantee Size Profile

Over $50M
3

Top Grantees

Grants Awarded · 3 grants

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Financials

Total Revenue
$8,490,036
Total Expenses
$4,822,380
Net Assets
$7,344,644
29 employees 16 volunteers
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
18.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 114.0%
Expenses ↑ 22.0%
Revenue Sources
Contributions 96.6% Earned revenue 2.8% Investment 0.6%
Expense Breakdown
Program 88.4% Management 6.5% Fundraising 5.1%

Officers & Trustees (24)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$8,490,036 ↑$4,822,380$7,344,644
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$3,966,909 ↑$3,954,281$3,567,041
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$2,635,519 ↓$3,630,121$3,554,413
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$5,613,646 ↑$3,010,966$4,549,015
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$2,965,495 ↑$2,764,609$1,946,335
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$2,428,949 ↓$2,482,828$1,745,449
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$4,189,535 $2,130,137$2,882,742

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EIN: 04-2688165 · Source: IRS Form 990 e-file data