Overview
What is Institute On Taxation And Economic Policy?
The Institute On Taxation And Economic Policy (ITEP) is a nonprofit, nonpartisan organization based in Washington D.C., specifically at 1200 18TH STREET NW 675. Their primary focus lies in conducting research and analysis on state and federal tax proposals, employing a micro-simulation model to examine the impact of these proposals on different income brackets. ITEP also delves into research on tax policy to gain a comprehensive understanding of the implications for the public. They publish various reports, briefs, fact sheets, and blogs to share their findings and data-driven recommendations for shaping equitable and sustainable tax systems. With a team of 29 dedicated individuals, ITEP plays a significant role in enhancing federal, state, and local policy debates by revealing how taxes affect both public revenues and individuals of varying income and wealth levels.
Official website here: www.itep.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
The Institute On Taxation And Economic Policy has earned an impressive Four-Star rating due to its high score of 95%. The organization demonstrates strong accountability and finance practices with a score of 83%, showcasing transparency and effective financial management. Notably, it has a fully independent board and robust financial oversight mechanisms, contributing to its overall credibility and trustworthiness.
Strengths of the organization include a high program expense ratio of 81.34%, indicating that a significant portion of its funds is allocated directly to its programs. The organization also excels in constituent feedback, showing a commitment to engaging with its community and utilizing feedback effectively to improve its services. The strong performance in various accountability metrics, including no material diversion of assets and efficient fundraising practices, reinforces its reputation for responsible stewardship of resources.
However, while the organization scores well in many areas, its equity strategies score of 77 out of 100 suggests there may be room for improvement in addressing equity issues within its programming. Overall, the Institute On Taxation And Economic Policy stands out as a well-managed nonprofit with a strong commitment to transparency and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Institute On Taxation And Economic Policy legitimate?
Institute On Taxation And Economic Policy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute On Taxation And Economic Policy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $210,357
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,841,563
For more financial information, click here
Official website here: www.itep.org
What is the mission statement of Institute On Taxation And Economic Policy?
The Institute on Taxation and Economic Policy (ITEP) is a non-profit, non-partisan organization dedicated to analyzing tax and economic proposals. Their mission is to provide data-driven recommendations for shaping equitable and sustainable tax systems. ITEP's unique expertise in tax policy enhances federal, state, and local policy debates by revealing how taxes impact public revenues and people across various income and wealth levels. Their analyses contribute significantly to informed discussions about tax policies and their effects on different income groups.
Official website here: www.itep.org
Who is the CEO of Institute On Taxation And Economic Policy?
Amy Hanauer is the Chair of Institute On Taxation And Economic Policy.
Official website here: www.itep.org
What is the revenue of Institute On Taxation And Economic Policy?
Institute On Taxation And Economic Policy's revenue in 2022 was $5,613,646.
Official website here: www.itep.org
Who are the executives of Institute On Taxation And Economic Policy and what are their salaries?
The average compensation at Institute On Taxation And Economic Policy during 2022 was $70,756. There are 29 employees and 20 volunteers at Institute On Taxation And Economic Policy.
Here are 20 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $192,610
- Related: $0
- Other: $57,845
- Compensation: $144,453
- Related: $0
- Other: $37,727
- Compensation: $115,798
- Related: $0
- Other: $41,289
- Compensation: $120,771
- Related: $0
- Other: $12,082
- Compensation: $111,060
- Related: $0
- Other: $23,645
- Compensation: $109,773
- Related: $0
- Other: $11,168
- Compensation: $127,122
- Related: $0
- Other: $29,995
Official website here: www.itep.org
Where can I find the form 990 for Institute On Taxation And Economic Policy?
Institute On Taxation And Economic Policy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.itep.org
Learn more at the official website: www.itep.org
Mission Statement of Institute On Taxation And Economic Policy
The Institute on Taxation and Economic Policy (ITEP) is a non-profit, non-partisan organization dedicated to conducting rigorous analyses of tax and economic proposals. Their mission is to provide data-driven recommendations on shaping equitable and sustainable tax systems. ITEP's unique expertise and data contribute significantly to federal, state, and local policy debates. By revealing the impact of taxes on both public revenues and people of varying income and wealth levels, ITEP enhances these debates, ensuring that policy decisions are informed by accurate and comprehensive data. In essence, ITEP's role is to contribute to the development of fair and sustainable tax policies that benefit all sectors of society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Institute on Taxation and Economic Policy (ITEP) has a significant impact on shaping equitable and sustainable tax systems at federal, state, and local levels. Through rigorous analyses of tax and economic proposals, ITEP provides data-driven recommendations that enhance policy debates by revealing how taxes affect public revenues and individuals across different income and wealth levels. By utilizing a microsimulation model to analyze tax proposals by income brackets, ITEP offers valuable insights into the implications of tax policies to the public. Through publications like reports, briefs, fact sheets, and blogs, ITEP contributes to a more profound understanding of state and federal tax policy, informing discussions and promoting transparency in tax-related matters.
This information is meant to be a general summary of Institute On Taxation And Economic Policy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,582
- Program Service Revenue: $148,093
- Gross Receipts: $5,613,646
Assets and Liabilities:
- Total Assets: $6,080,421
- Total Liabilities: $1,531,406
- Net Assets: $4,549,015
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$148,093
Organization Details
Founding Year
1979
Phone
(202) 299-1066Principal Officer
Amy Hanauer
Main Address
1200 18TH STREET NW 675, WASHINGTON, DC, 20036
Website
www.itep.orgNTEE Category
Code: W00F - Public benefit
If you are a representative of Institute On Taxation And Economic Policy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.