Tax Analysts
Tax Analysts reported $48.1 million in revenue and $36.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $76.11 went to program services, $23.89 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: 76.8% of the total. The highest compensation it reported for one person was $624,794 (Director, President/CEO). 92 people received more than $100,000 in reportable compensation. Revenue rose 68% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $37MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $48MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 76.1% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 23.9% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 76.8% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $624,794 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.70% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 92 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 22.5 | 6.8 |
| Independent voting board members Part VI 1a–1b | 13 of 14 | 100.0% |
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 expenseThrough the organization's print publications and online content, Tax Analysts provides tax practitioners, tax administrators, academics and all taxpayers with the most up-to-date, technically accurate, and non-biased tax news, commentary and analysis. They also participate with tax subject matter experts at events the organization sponsors. Tax Analysts also performs a very important public watchdog function by engaging in strong and fair investigative journalism and, when needed pursuing legal action under the Freedom of Information Act to ensure that transparency exists in the…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Director, President/CEO Director/trustee, officer, 40.00 hrs/week | $589,002 | $0 | $35,792 | $624,794 |
| Chief Operating Officer Key employee, 40.00 hrs/week | $366,823 | $0 | $41,491 | $408,314 |
| Chief Financial Officer Officer, 40.00 hrs/week | $320,409 | $0 | $23,734 | $344,143 |
| Chief Technology Officer Key employee, 40.00 hrs/week | $284,010 | $0 | $38,723 | $322,733 |
| Chief Growth Officer Key employee, 40.00 hrs/week | $283,606 | $0 | $33,314 | $316,920 |
| Contributing Editor Highest compensated employee, 40.00 hrs/week | $294,683 | $0 | $21,670 | $316,353 |
| Contributing Editor Highest compensated employee, 40.00 hrs/week | $269,254 | $0 | $12,624 | $281,878 |
| Sales Manager Highest compensated employee, 40.00 hrs/week | $246,324 | $0 | $34,747 | $281,071 |
92 people received more than $100,000 in reportable compensation from Tax Analysts (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b14 · 13 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 4No
- 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 5194
Correct a figure or respond
Every number above is copied from Tax Analysts's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Tax Analysts, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Tax Analysts spent in FY2025, $76.11 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Tax Analysts's spending goes to programs?
In the fiscal year ending June 30, 2025, Tax Analysts reported that 76.1% of its $36.8 million in expenses went to program services, 23.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Tax Analysts pay its top executive?
The largest total compensation Tax Analysts reported for one person in the fiscal year ending June 30, 2025 was $624,794, for the role of Director, President/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Tax Analysts get its money?
Of $48.1 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 76.8% from program service revenue (Form 990, Part VIII).
Is Tax Analysts a registered charity?
The IRS lists EIN 23-7073182 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 June 30, 2025, object 202621289349300822 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511009349300016 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023 (amended), object 202500989349301650 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202203199349319010 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231189349300638 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101309349302045 · read the filing
All filings for EIN 23-7073182: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.