Overview
What is Economic Policy Institute?
The Economic Policy Institute (EPI) is a prominent nonprofit think tank situated in Washington, D.C. With a commitment to inclusivity and worker-centric policies, EPI forms part of a nationwide network called EARN, which advocates for policy changes and rigorous research at the state and local levels. EPI's mission is to inform and empower individuals, promoting broadly shared prosperity and opportunity. As a non-partisan organization, EPI focuses on the economic well-being of low and middle-income workers, advocating for policies such as good jobs with fair wages, affordable healthcare, and retirement security. EPI achieves its goals through conducting research and analysis on the economic status of working America and proposing policies that protect and improve the conditions of those workers. With a team of 67 dedicated employees, EPI serves as a critical voice in shaping economic policies that benefit the majority of the working population.
Official website here: www.epi.org
What are the reviews and ratings of this charity?
**Economic Policy Institute (EIN: 521368964) - Charity Navigator Rating: 100% (Four-Star out of Four Stars)**
The Economic Policy Institute (EPI) has received a stellar Four-Star rating from Charity Navigator, indicating exemplary accountability and financial management. The organization's Accountability & Finance score of 100 reflects its commitment to transparency and responsible financial practices, including a strong independent board and effective oversight measures. The rating signifies that EPI maintains robust financial health, with a significant portion of expenses directed toward its programs.
While EPI excels in numerous areas, aspects related to impact and measurement, culture and community, and leadership and adaptability remain unscored due to data limitations. This may suggest that there is room for improvement in demonstrating the organization's broader impact, a critical factor for potential supporters and stakeholders assessing the effectiveness of their contributions.
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This AI summary has been generated from information found on Charity Navigator.
Is Economic Policy Institute legitimate?
Economic Policy Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Policy Institute 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: $240,533
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,982,305
For more financial information, click here
Official website here: www.epi.org
What is the mission statement of Economic Policy Institute?
The Economic Policy Institute, being a non-profit, non-partisan think tank, aims to broaden discussions on economic policy to encompass the needs of low and middle-income workers. Its mission is to inform and empower individuals, advocating for solutions that ensure broadly shared prosperity and opportunity. The institute believes in the right of every working person to have a good job with fair pay, affordable healthcare, and retirement security. To achieve this, the institute conducts research and analysis on the economic status of working America and proposes public policies that protect and enhance the economic conditions of low and middle-income workers. Furthermore, it assesses policies to determine their impact on these workers.
Official website here: www.epi.org
What is the revenue of Economic Policy Institute?
Economic Policy Institute's revenue in 2023 was $16,155,263.
Official website here: www.epi.org
Who are the executives of Economic Policy Institute and what are their salaries?
The average compensation at Economic Policy Institute during 2023 was $90,049. There are 58 employees and 28 volunteers at Economic Policy Institute.
Here are 33 key members and their salaries:
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- Compensation: $197,437
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- Compensation: $190,434
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- Compensation: $183,189
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- Compensation: $172,598
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- Other: $32,816
- Compensation: $169,531
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- Other: $27,093
Official website here: www.epi.org
Where can I find the form 990 for Economic Policy Institute?
Economic Policy Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.epi.org
Learn more at the official website: www.epi.org
Mission Statement of Economic Policy Institute
The Economic Policy Institute, a non-profit, non-partisan think tank, is committed to informing and empowering individuals to seek solutions that ensure broadly shared prosperity and opportunity. This organization aims to broaden discussions about economic policy to encompass the needs of low and middle-income workers. The Economic Policy Institute believes that every working person deserves a good job with fair pay, affordable healthcare, and retirement security. To achieve this goal, the institute conducts research and analysis on the economic status of working America. Additionally, the institute proposes public policies that protect and improve the economic conditions of low and middle-income workers, assessing these policies in terms of their impact on those workers.
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Impact
July, 2024
The Economic Policy Institute plays a crucial role in informing and empowering individuals to seek solutions that ensure broadly shared prosperity and opportunity. By conducting rigorous research and policy analysis, the institute helps its partners make the economic case for policies that create a more worker-centered and equitable economy. Through its nationwide network of organizations and advocacy efforts, the Economic Policy Institute works towards advancing an inclusive economy that prioritizes the needs of low and middle-income workers. Its work aims to promote good jobs with fair pay, access to affordable healthcare, and retirement security for all working individuals. Overall, the institute's impact is instrumental in shaping public policies that protect and improve the economic conditions of vulnerable workers, thereby contributing to a more just and equitable society.
This information is meant to be a general summary of Economic Policy Institute. 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: $63,834
- Program Service Revenue: $1,800
- Gross Receipts: $16,155,263
Assets and Liabilities:
- Total Assets: $18,630,204
- Total Liabilities: $4,810,334
- Net Assets: $13,819,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HONORARIA
Revenue
$1,800
Organization Details
Founding Year
1984
Principal Officer
Heidi Shierholz
Website
www.epi.orgNTEE Category
Code: V22F - Social research
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