Consumer Reports Inc
86% goes to programs $27 to raise $100 Strong reserves
Consumer Reports Inc is a 501(c)(3) organization based in Yonkers, New York, registered in 1984, with $267,234,420 in FY2024 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
101 Truman Ave, Yonkers, NY, 10703 EIN 13-1776434 Since 1984
Revenue (FY2024)
$267.2M
▲ 0.4% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$244.7M
Net assets
$331.4M
Employees
579
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating86% to programs · $27 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Consumer Reports Inc: 86% to programs · $27 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Consumer Reports Inc: 16 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Consumer Reports Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Consumer Reports Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
We are an independent, nonprofit member organization that works side by side with consumers. see schedule o.we are an independent, nonprofit member organization that works side by side with consumers for truth, transparency, and fairness in the marketplace.
What they do
Education programs, health information and safety: seeschedule o for additional information.
Contact & location
- Address
- 101 Truman Ave, Yonkers, NY, 10703
- City
- Yonkers
- State
- New York
- Category
- Public & Societal Benefit
- Subcategory
- Public Benefit Programs
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $269.3M (FY2013) to $267.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $143.1MNet assets $331.4M
Operating margin
8.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$474.5M
Total liabilities
$143.1M
Net assets
$331.4M
Salaries & benefits
$110.5M
45% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $267,234,420▲0.4% | $244,657,192▼7.5% | $331,366,162▲11.5% | $474,492,695▲0.2% | 990 |
| 2023 | $266,143,105▲6.6% | $264,423,194▲4.1% | $297,068,920▲6.1% | $473,542,307▲2.5% | 990 |
| 2022 | $249,675,955▼13.5% | $253,939,574▲1.4% | $279,939,927▼3.6% | $462,111,873▼5.6% | 990 |
| 2021 | $288,765,703▲4.8% | $250,470,441▲4.8% | $290,482,186▲0.5% | $489,278,180▼2.8% | 990 |
| 2020 | $275,552,561▲10.2% | $239,072,248▲1.7% | $289,120,883▲63.1% | $503,278,353▲26.0% | 990 |
| 2019 | $250,122,928▼1.7% | $234,962,047▼4.2% | $177,311,571▲5.6% | $399,304,068▲3.0% | 990 |
| 2018 | $254,546,580▲2.5% | $245,328,576▼3.0% | $167,948,286▼0.2% | $387,779,531▼7.1% | 990 |
| 2017 | $248,450,039▼0.4% | $253,014,126▲2.2% | $168,306,148▼3.4% | $417,239,171 | 990 |
| 2016 | $249,432,203▼2.3% | $247,549,271▼2.5% | $174,289,609▲22.0% | $417,242,483▲2.5% | 990 |
| 2015 | $255,381,909▼3.4% | $253,980,431▼0.4% | $142,822,445▼16.0% | $407,246,855▼4.8% | 990 |
| 2014 | $264,463,443▼1.8% | $255,075,307▼1.4% | $170,109,857▲2.1% | $427,740,422▲1.9% | 990 |
| 2013 | $269,263,647 | $258,747,902▲1.2% | $166,628,815▲39.0% | $419,900,241▲10.1% | 990 |
| 2012 | — | $255,555,409▼3.7% | $119,837,712▲95.7% | $381,407,574▲13.5% | 990 |
| 2011 | — | $265,272,554▲3.0% | $61,221,829▼38.8% | $335,920,076▼7.1% | 990 |
| 2010 | — | $257,659,047▲5.7% | $100,086,410▲48.3% | $361,611,492▲13.3% | 990 |
| 2009 | — | $243,662,865 | $67,481,035 | $319,141,134 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Marta L Tellado — $887,044 (0.36% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Marta L Tellado | President & Ceo (thru 12/31/24) | 45 | $887,044 |
| Lauren Stanich | Svp, Chief Growth Officer | 45 | $495,044 |
| Michael Hubner | Vp, General Counsel | 45 | $489,852 |
| Eric Wayne | Svp, Cfo | 45 | $483,340 |
| Jessica Freireich | Svp, Chief Strategy Officer | 45 | $416,578 |
| Esther Han | Vp, Chief Ventures Officer | 45 | $409,601 |
| Sharee Mckenzie | Vp, Chief Social Impact Ofc. (thru 8/16/24) | 45 | $406,884 |
| Yana Bula | Vp, Chief Experience Officer | 45 | $385,459 |
| Genea Bell | Vp, Chief People Officer | 45 | $367,132 |
| Heath Grayson | Chief Privacy Officer & Deputy General Counsel | 45 | $357,480 |
| Lilian Kayizzi | Vp, Testing, Research & Insights | 45 | $347,544 |
| Corinne Osborn | Sr Dir Labor & Empl Rels | 45 | $347,099 |
| Jennifer Shecter | Vp, Chief Content Officer | 45 | $340,288 |
| Benjamin Moskowitz | Vp, Innovation Lab | 45 | $336,550 |
| Ripa Rashid | Chief D&i Ofc. (thru 11/1/24) | 45 | $247,023 |
| Astrid Vermeer | Director | 2 | — |
| Calvin Sims | Director | 2 | — |
| David Wan | Director | 2 | — |
| Deborah A Cowan | Director (thru 10/16/24) | 2 | — |
| Ellen Taus | Chair (thru 12/18/24) | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Google Inc | Search Engine Marketing | $15,713,784 |
| Diamond Communications | Fulfillment Services | $4,789,775 |
| Hcl America Inc | Marketing | $2,968,010 |
| Acxiom Corporation | Information Technology Service | $2,784,788 |
| Meta Platforms Inc (facebook) | Marketing | $2,480,311 |
Grants received · $18.4M total
118 grants to Consumer Reports Inc totaling $18.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United States Energy Foundation | To promote education and analysis on the benefits of clean transportation. | 2024 | $250,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $129,625 |
| The New York Community Trust | For general support. | 2024 | $30,000 |
| American Online Giving Foundation Inc | General support | 2024 | $15,194 |
| The Bessemer Giving Fund | General support | 2024 | $15,000 |
| Paypal Charitable Giving Fund | General support | 2024 | $12,888 |
| The Blackbaud Giving Fund | General support | 2024 | $5,892 |
| Climate Imperative Foundation | To support research, education, and outreach about clean transportation policies | 2023 | $350,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $267,903 |
| United States Energy Foundation | To promote education and analysis on the benefits of clean transportation. | 2023 | $250,000 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $101,925 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $98,401 |
| Amalgamated Charitable Foundation Inc | Project support | 2023 | $50,000 |
| The Bessemer Giving Fund | General support | 2023 | $35,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $26,750 |
Grants made · $10K in FY2024
1 grant totaling $10K in FY2024. All grants made by Consumer Reports Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Duke University | Archives project | $10,000 |
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Frequently asked questions
- Is Consumer Reports Inc a legitimate nonprofit?
- Yes. Consumer Reports Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-1776434, based in Yonkers, New York. Donations are tax-deductible.
- What is Consumer Reports Inc's EIN?
- Consumer Reports Inc's Employer Identification Number (EIN) is 13-1776434.
- How much revenue does Consumer Reports Inc report?
- Consumer Reports Inc reported $267,234,420 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Consumer Reports Inc's spending goes to programs?
- Consumer Reports Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Consumer Reports Inc have?
- CharityIndex grades Consumer Reports Inc A, based on program efficiency and fundraising cost.
- How much does Consumer Reports Inc's highest-paid employee make?
- The highest reported compensation on Consumer Reports Inc's latest Form 990 is $887,044, paid to Marta L Tellado (President & Ceo (thru 12/31/24)).
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Explore more
Data for Consumer Reports Inc (EIN 13-1776434) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.