PEW CHARITABLE TRUSTS
901 E STREET NW, WASHINGTON, DC · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $467,971,224 | $392,066,052 | $1,140,068,700 |
| FY2024 | $408,893,947 | $380,100,942 | $1,011,101,727 |
| FY2023 | $415,231,323 | $361,371,516 | $932,484,214 |
| FY2022 | $341,410,426 | $376,487,152 | $843,208,437 |
| FY2021 | $343,505,223 | $347,830,439 | $997,761,079 |
| FY2020 | $346,765,756 | $351,552,064 | $887,202,941 |
| FY2019 | $355,688,959 | $343,642,823 | $899,416,696 |
| FY2018 | $337,873,774 | $366,751,233 | $880,831,107 |
| FY2017 | $335,419,119 | $313,720,096 | $890,927,590 |
| FY2016 | $710,716,507 | $311,528,613 | $821,306,881 |
| FY2015 | $331,467,728 | $320,034,290 | $427,851,697 |
| FY2014 | $327,878,042 | $295,592,385 | $438,857,604 |
| FY2013 | $321,776,712 | $307,065,604 | $394,158,972 |
| FY2012 | $298,604,125 | $339,908,658 | $347,075,545 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $381,215,334 | 100% |
| Program service revenue | $76,678 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $343,585,156 | 88% |
| Management & general | $41,464,802 | 11% |
| Fundraising | $7,016,094 | 2% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2025.
- Program services accounted for 88% of functional expenses, management & general 11%, and fundraising 2%.
- 88% of functional expenses went to program services in FY2025. That is higher than 42.1% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in DC for a state comparison).
- Net assets covered about 34.9 months of expenses at the end of the reporting year. That puts it in the 49th percentile among 325 Philanthropy, Voluntarism & Grantmaking Foundations organizations in DC.
- Total revenue was higher than 100% of 331 Philanthropy, Voluntarism & Grantmaking Foundations organizations in DC.
- Total revenue rose from $298,604,125 in FY2012 to $467,971,224 in FY2025, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2012, FY2018, FY2020, FY2021, FY2022).
- The highest revenue on record here is $710,716,507 in FY2016.
- Net assets grew from $347,075,545 to $1,140,068,700 between FY2012 and FY2025.
- Contributions and grants made up 95% of revenue in FY2012 and 82% in FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Improving public policy, informing the public, and invigorating civic life.
IRS status
| Ruling year | 2003 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T30 — Philanthropy, Voluntarism & Grantmaking Foundations |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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