Public & Societal Benefit
(W900)
IRS Verified
DX Registered
CONSUMER REPORTS INC
CharityAI™ Score
Not yet evaluated
Mission Statement
Consumer Reports is an independent, nonprofit member organization that works side by side with consumers for truth, transparency, and fairness in the marketplace. We use our rigorous research, consumer insights, journalism, and policy expertise to inform purchase decisions, improve the products and services that businesses deliver, and drive regulatory and fair competitive practices.
Financial Overview — FY 2023
$249.7M
Total Revenue
$253.9M
Total Expenses
$279.9M
Net Assets
673
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.1%
Fundraising Efficiency
0.0%
Operating Reserve
13.23x
Liability-to-Asset
39.4%
Revenue Diversification
85.3%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $249.7M | $253.9M | $279.9M | 85.1% | 673 |
| 2022 | $288.8M | $250.5M | N/A | — | 664 |
| 2021 | $275.6M | $239.1M | N/A | — | 635 |
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