nonprofit · EIN 23-7432162 · DC
How much does CATO INSTITUTE raise and spend?
CATO INSTITUTE (DC, EIN 23-7432162) reported $62.8M in revenue and $47.4M in expenses for tax year 2025, with $187.1M in net assets (47.4 months of reserves). By expenses that ranks 2,845 of 253,823 e-filers, 27 of 3,248 in NTEE W: Public & Societal Benefit, 83 of 2,194 nonprofits in the district of columbia.
What stands out
CATO INSTITUTE (DC, EIN 23-7432162) reported $62.8M in revenue and $47.4M in expenses for tax year 2025, with $187.1M in net assets (47.4 months of reserves). By expenses that ranks 2,845 of 253,823 e-filers, 27 of 3,248 in NTEE W: Public & Societal Benefit, 83 of 2,194 nonprofits in the district of columbia. Against NTEE W: Public & Societal Benefit: months of reserves 47.4 months, above the peer median of 13.4 months; officer compensation share of expenses 3.6%, below the peer median of 6.8%; contributions share of revenue 91.3%, above the peer median of 75.6%; surplus margin 24.6%, above the peer median of 6.9%.
Key figures, tax year 2025
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2025 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $62.8M | $119.9k | $21.3M | $180.0k |
| Total expenses | $47.4M | $106.7k | $20.0M | $163.2k |
| Total assets | $190.5M | $420.0k | $29.1M | $758.3k |
| Net assets | $187.1M | $417.6k | $17.9M | $630.1k |
| Officer compensation (total per organisation) | $1.7M | $130.1k | $612.9k | $118.6k |
| Program service revenue share | 0.6% | 0.1% | 71.5% | 14.7% |
| Contributions share of revenue | 91.3% | 75.6% | 16.7% | 51.4% |
| Officer compensation share of expenses | 3.6% | 6.8% | 2.6% | 6.2% |
| Months of reserves | 47.4 months | 13.4 months | 9.8 months | 12.7 months |
| Surplus margin | 24.6% | 6.9% | 2.7% | 4.7% |
Year by year
7 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2025 | $62.8M | $47.4M | $187.1M | 47.4 months | $1.7M | 2,845 |
| 2024 | $71.9M | $41.8M | $170.1M | 48.8 months | $979.9k | 5,563 |
| 2023 | $57.7M | $37.7M | $132.7M | 42.2 months | $914.3k | 9,947 |
| 2022 | $45.9M | $31.3M | $114.2M | 43.7 months | $1.2M | 10,544 |
| 2021 | $43.0M | $28.2M | $101.1M | 43.0 months | $1.1M | 7,595 |
| 2020 | $32.5M | $31.1M | $81.4M | 31.4 months | $1.1M | 9,630 |
| 2019 | $30.3M | $30.6M | $81.4M | 31.9 months | $1.3M | 9,364 |
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