Overview
What is Center On Budget And Policy Priorities?
The Center on Budget and Policy Priorities is a Washington, D.C.-based nonprofit organization dedicated to conducting research and analysis on state budget and tax policies. With a team of 228 employees, they focus on the impact of these policies on low and moderate income households and support the development of state-level policy organizations. Their mission is to enhance public understanding of budget matters by providing factual information, data analysis, and impact assessments of various government programs and policies that affect the lives of economically disadvantaged families and individuals at both the federal and state levels.
Official website here: www.cbpp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
The Center On Budget And Policy Priorities has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a high score of 94% overall, the organization demonstrates robust financial practices and governance, including a fully independent board and compliance with rigorous auditing standards.
Strengths noted in the evaluation include an impressive program expense ratio of 89.24%, indicating that a significant majority of funds are directed towards its mission-driven activities. Additionally, the organization exhibits excellent fundraising efficiency, with only $0.03 spent on fundraising for every dollar raised, showcasing its ability to maximize donor contributions for impactful initiatives.
While the organization's financial standing is strong, it's important for potential donors to continually assess the program impacts and long-term sustainability of initiatives. Overall, the Center On Budget And Policy Priorities appears to operate with a high level of transparency and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Center On Budget And Policy Priorities legitimate?
Center On Budget And Policy Priorities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center On Budget And Policy Priorities 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: $1,764,303
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,520,389
For more financial information, click here
Official website here: www.cbpp.org
What is the mission statement of Center On Budget And Policy Priorities?
The Center on Budget and Policy Priorities focuses on conducting research and analysis to enhance the public's understanding of budget policies. Their mission is to provide factual information and data, and analyze the impacts of government programs and policies that affect low and moderate income families and individuals at both the federal and state levels. The organization's work particularly emphasizes the effects of budget policies on these income groups. Through their research, they foster the growth of state-level policy organizations.
Official website here: www.cbpp.org
What is the revenue of Center On Budget And Policy Priorities?
Center On Budget And Policy Priorities's revenue in 2023 was $32,208,552.
Official website here: www.cbpp.org
Who are the executives of Center On Budget And Policy Priorities and what are their salaries?
The average compensation at Center On Budget And Policy Priorities during 2023 was $89,194. There are 205 employees at Center On Budget And Policy Priorities.
Here are 24 key members and their salaries:
- Compensation: $339,908
- Related: $0
- Other: $52,428
- Compensation: $249,626
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- Other: $43,796
- Compensation: $259,804
- Related: $0
- Other: $30,584
- Compensation: $228,101
- Related: $0
- Other: $51,596
- Compensation: $230,103
- Related: $0
- Other: $44,097
- Compensation: $213,004
- Related: $0
- Other: $52,336
- Compensation: $217,429
- Related: $0
- Other: $44,766
- Compensation: $222,009
- Related: $0
- Other: $28,964
- Compensation: $220,288
- Related: $0
- Other: $19,222
- Compensation: $208,904
- Related: $0
- Other: $26,317
- Compensation: $207,846
- Related: $0
- Other: $26,414
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Official website here: www.cbpp.org
Where can I find the form 990 for Center On Budget And Policy Priorities?
Center On Budget And Policy Priorities's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cbpp.org
Learn more at the official website: www.cbpp.org
Mission Statement of Center On Budget And Policy Priorities
The Center on Budget and Policy Priorities, a prominent nonprofit organization, is dedicated to enhancing public comprehension of budget policies through rigorous research and analysis. Based in Washington D.C., the Center focuses on the influence of government programs and policies on the lives of low and moderate income families and individuals at both federal and state levels.
By conducting comprehensive studies and providing factual data, the Center aims to promote intelligent discourse and informed decision-making regarding budget and tax policies. Its mission extends to fostering the development of state-level policy organizations, further expanding the reach and impact of its research and advocacy efforts.
The Center's state fiscal projects are a critical component of its mission. Through rigorous research and analysis, the organization sheds light on the effects of state budget and tax policies on low and moderate income households. By presenting unbiased, data-driven findings, the Center empowers policymakers, advocacy groups, and the general public to engage in meaningful conversations and make well-informed decisions on issues that can significantly impact the lives of millions.
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Impact
October, 2024
The Center on Budget and Policy Priorities significantly influences public understanding and policy formulation regarding budget issues, particularly those affecting low and moderate-income households. Through extensive research and analysis, the organization highlights the implications of state budget and tax policies, fostering informed discussions around fiscal practices. Their work aids in cultivating state-level policy organizations, enabling them to advocate effectively for policy changes that support vulnerable communities. By providing factual data and insights on government programs, the Center empowers stakeholders to make decisions that enhance the well-being of families and individuals facing economic challenges. The impact of their initiatives extends to both federal and state levels, shaping policies that can alleviate poverty and improve social equity.
This information is meant to be a general summary of Center On Budget And Policy Priorities. 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 2023.
- Investment Income: $2,221,731
- Program Service Revenue: $1,279,517
- Gross Receipts: $60,410,833
Assets and Liabilities:
- Total Assets: $172,859,656
- Total Liabilities: $29,775,393
- Net Assets: $143,084,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contract income
Revenue
$1,219,617
Conference & honoraria
Revenue
$59,900
Organization Details
Founding Year
1981
Principal Officer
Sharon Parrott
Website
www.cbpp.orgNTEE Category
Code: W050 - Public benefit
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