WPublic & Societal BenefitEIN: 237432162· Ruling Year: 1975

Cato Institute

Washington, District of Columbia

AHealth Score
89A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.07×
Peer Median11.38×
💰
$71.9M
Total Revenue
📊
$41.8M
Total Expenses
🏦
$170.1M
Net Assets
📋
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.7%
Year-over-year change (2023 → 2024)
Net Margin
+41.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.07
Net assets divided by total expenses
Liabilities-to-Assets
1.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$71,927,80725%$41,834,12011%$172,218,52028%
2023$57,666,55926%$37,718,01520%$135,047,20916%
2022$45,929,6827%$31,337,94711%$116,844,15813%
2021$43,021,20932%$28,207,2399%$103,817,34721%
2020$32,506,5287%$31,141,5802%$85,585,3621%
2019$30,261,11817%$30,601,4211%$84,375,8771%
2018$36,679,8021%$30,381,6731%$84,854,5318%
2017$36,889,64532%$30,150,1053%$78,534,41410%
2016$27,869,29323%$29,162,1143%$71,182,7862%
2015$36,069,84727%$28,246,15715%$72,934,32813%
2014$28,350,11029%$24,538,5656%$64,520,2516%
2013$22,006,36534%$26,028,84516%$60,639,11710%
2012$33,097,063$22,344,728$67,083,178

Frequently Asked Questions

What does Cato Institute do?

Cato Institute is a public & societal benefit nonprofit organization based in District of Columbia. It is classified under NTEE code W200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cato Institute financially healthy?

Based on our 9-metric Financial Health Score model, Cato Institute has a score of 89/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Cato Institute generate?

Cato Institute reports $62.8M in annual revenue and holds $190.5M in total assets, based on IRS filings.

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