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Educational Testing Service

Princeton, NJ · EIN 21-0634479 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Educational Testing Service reported $792.0 million in revenue and $756.4 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $84.09 went to program services, $15.91 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.3% of the total. The highest compensation it reported for one person was $2,184,468 (PRESIDENT & CEO). 1,415 people received more than $100,000 in reportable compensation. Revenue fell 23% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $756M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $792M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
84.1%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
15.9%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.6%1.1%
Program service revenue share
Part VIII 2g ÷ 12
83.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$2,184,468$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.29%1.28%
People paid over $100,000
Part VII, line 2
1,4158
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
21.213.3
Independent voting board members
Part VI 1a–1b
15 of 16100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$570M expenses · 89.6% of program spending · grants $464K · revenue $571M

Assessment research, development, and scoring Educational Testing Service ("ets") conducts research on statistical and psychometric methodology to advance the science of educational measurement and ensure the technical quality and fairness of ets's assessments and assessment related services. Through its policy evaluation and research center, ets also conducts research and analyses that address challenging educational policy issues. In conjunction with its research, ets develops educational assessments for use by states in k-12 assessment, for college admissions and the transition from high…

$66M expenses · 10.4% of program spending · revenue $88M

Assessment administration & delivery the group administers tens of millions of assessments annually in thousands of locations worldwide. Ets does not own or operate any test centers; instead ets engages independent 3rd party service providers to administer and deliver assessments around the world

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Director/trustee, officer, 40.00 hrs/week
$2,032,670$0$151,798$2,184,468
VP CORPORATE DEVELOPMENT
Officer, 0.00 hrs/week
$1,187,598$0$28,358$1,215,956
SVP & CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$975,965$0$109,819$1,085,784
CHIEF INFORMATION OFFICER
Officer, 40.00 hrs/week
$965,135$0$100,565$1,065,700
SVP GLOB HIGHER ED & WORKSKILL
Officer, 40.00 hrs/week
$877,173$0$80,380$957,553
FORMER VP, PRODUCT INNOVATION & DEV.
Former, 40.00 hrs/week
$852,287$0$40,318$892,605
VP, K-12-PRAXIS
Officer, 40.00 hrs/week
$795,032$0$88,660$883,692
SVP GLOBAL STRATEGY & GROWTH
Officer, 40.00 hrs/week
$814,466$0$59,712$874,178

1,415 people received more than $100,000 in reportable compensation from Educational Testing Service (Part VII, line 2). Compensation of current officers, directors and key employees totaled $19M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$500M$1.00B$1.50B$2.00BFY2020FY2021FY2022FY2023FY2024FY2025$792M$756M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$792M$756M84.1%$1.33B$2,184,468
FY2024 ⓘ$1.09B$1.07B82.0%$1.41B$1,732,820
FY2023 ⓘ$1.06B$1.07B85.8%$1.50B$2,280,353
FY2022 ⓘ$1.12B$1.11B82.6%$1.50B$1,385,799
FY2021 ⓘ$1.14B$1.09B83.9%$1.68B$1,371,043
FY2020 ⓘ$1.03B$1.10B87.3%$1.41B$1,420,859

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b16 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 54,548

Private foundation grants it received

1 private foundation reported grants to Educational Testing Service totaling $398K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Educational Testing Service's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Educational Testing Service, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New Jersey

Questions people ask

How much of Educational Testing Service's spending goes to programs?

In the fiscal year ending September 30, 2025, Educational Testing Service reported that 84.1% of its $756.4 million in expenses went to program services, 15.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Educational Testing Service pay its top executive?

The largest total compensation Educational Testing Service reported for one person in the fiscal year ending September 30, 2025 was $2,184,468, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Educational Testing Service get its money?

Of $792.0 million in revenue in the fiscal year ending September 30, 2025, 0.8% came from contributions and grants (including 0.6% from government grants) and 83.3% from program service revenue (Form 990, Part VIII).

Is Educational Testing Service a registered charity?

The IRS lists EIN 21-0634479 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202602249349301810 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542279349302009 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442279349300704 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302279349302440 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202222159349300527 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202102189349300600 · read the filing

All filings for EIN 21-0634479: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.