State Tax Research Institute
EIN: 465302475 · Washington, DC · NTEE: V22
| Metric | Value |
|---|---|
| Total Revenue | $269K |
| Total Expenses | $261K |
| Net Assets | $381K |
Is State Tax Research Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About State Tax Research Institute
State Tax Research Institute (EIN: 465302475) is a nonprofit organization based in Washington, DC, classified under NTEE code V22. The organization reported total revenue of $269K and total assets of $496K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of State Tax Research Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
State Tax Research Institute is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $97K |
| Total Expenses | $261K |
| Surplus / Deficit | $-164,578 |
| Total Assets | $579K |
| Total Liabilities | $198K |
| Net Assets | $381K |
| Operating Margin | -170.5% |
| Debt-to-Asset Ratio | 34.2% |
| Months of Reserves | 26.6 months |
Financial Health Grade: B
In 2023, State Tax Research Institute reported a deficit of $165K with expenses exceeding revenue, holds 26.6 months of operating reserves (strong position), has a debt-to-asset ratio of 34.2% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), State Tax Research Institute's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.1% | -12.8% | +0.1% |
| 2022 | +14.0% | +390.1% | -9.1% |
| 2021 | -55.2% | -26.8% | +24.4% |
| 2020 | +26.6% | -52.9% | +178.8% |
| 2019 | +32.4% | -40.3% | +33.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for State Tax Research Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates State Tax Research Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $165K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.2%.
Frequently Asked Questions about State Tax Research Institute
Is State Tax Research Institute a legitimate charity?
State Tax Research Institute (EIN: 465302475) is a registered tax-exempt nonprofit based in Washington DC. It has 10 years of IRS 990 filings on record. Total revenue: $269K. No red flags identified. Financial health grade: B.
How does State Tax Research Institute spend its money?
State Tax Research Institute reported $269K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to State Tax Research Institute tax-deductible?
State Tax Research Institute is registered as a tax-exempt nonprofit (EIN: 465302475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is State Tax Research Institute located?
State Tax Research Institute is headquartered in Washington, Washington DC and files with the IRS under EIN 465302475. It is classified under NTEE code V22.
How many years of IRS 990 filings does State Tax Research Institute have?
State Tax Research Institute has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $269K in total revenue.
Filing History
IRS 990 filing history for State Tax Research Institute showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), State Tax Research Institute's revenue has grown by 37.9%, moving from $70K to $97K. Total assets increased by 607.8% over the same period, from $82K to $579K. Total functional expenses rose by 1707.1%, from $14K to $261K. In its most recent filing year (2023), State Tax Research Institute reported a deficit of $165K, with expenses exceeding revenue. The organization holds $198K in liabilities against $579K in assets (debt-to-asset ratio: 34.2%), resulting in net assets of $381K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $97K | $261K | $579K | $198K | — | — |
| 2022 | $210K | $299K | $578K | $33K | — | View 990 |
| 2021 | $185K | $61K | $636K | $2K | — | View 990 |
| 2020 | $411K | $83K | $511K | $200 | — | — |
| 2019 | $325K | $177K | $183K | $324 | — | View 990 |
| 2018 | $245K | $297K | $137K | $102K | — | View 990 |
| 2017 | $101K | $156K | $105K | $19K | — | View 990 |
| 2016 | $95K | $60K | $183K | $41K | — | View 990 |
| 2015 | $221K | $169K | $149K | $42K | — | View 990 |
| 2014 | $70K | $14K | $82K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97K, expenses of $261K, and assets of $579K (revenue -54.1% year-over-year).
- 2022: Revenue of $210K, expenses of $299K, and assets of $578K (revenue +14.0% year-over-year).
- 2021: Revenue of $185K, expenses of $61K, and assets of $636K (revenue -55.2% year-over-year).
- 2020: Revenue of $411K, expenses of $83K, and assets of $511K (revenue +26.6% year-over-year).
- 2019: Revenue of $325K, expenses of $177K, and assets of $183K (revenue +32.4% year-over-year).
- 2018: Revenue of $245K, expenses of $297K, and assets of $137K (revenue +142.3% year-over-year).
- 2017: Revenue of $101K, expenses of $156K, and assets of $105K (revenue +7.2% year-over-year).
- 2016: Revenue of $95K, expenses of $60K, and assets of $183K (revenue -57.2% year-over-year).
- 2015: Revenue of $221K, expenses of $169K, and assets of $149K (revenue +215.3% year-over-year).
- 2014: Revenue of $70K, expenses of $14K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for State Tax Research Institute:
Data Sources and Methodology
This transparency report for State Tax Research Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.