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Center for Financial Stability Inc

EIN 27-2106625 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceGood79 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE CENTER FOR FINANCIAL STABILITY IS AN INDEPENDENT, NONPARTISAN AND NONPROFIT THINK TANK FOCUSED ON FINANCIAL MARKETS FOR THE BENEFIT OF INVESTORS, OFFICIALS, AND THE PUBLIC. CFS PROMOTES A STRONGER AND MORE STABLE FINANCIAL SYSTEM THROUGH BOLD, INNOVATIVE AND PRACTICAL POLICY-ORIENTED RESEARCH, STRUCTURED DIALOG, EDUCATION AND OUTREACH TO THE PUBLIC.

Income
$671,633
Spending
$552,320
Spent on programs
100%
Reserves
66.6 months of spending
Largest source of income
other income, 79%
Employees
0
Volunteers
0
Highest pay
$198,000, president/treasurer/trustee

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 58% of charities in its peer group (science, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 66.6 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 18% of income.

  • Income trend

    0 of 15

    Income fell 72% on the year before.

  • Spending floor

    15 of 15

    100% of spending went to programs.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 79 out of 100. Higher than 64% of charities in its peer group (science, $250k to $1m).

  • Independent board

    18 of 25

    2 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $250,452 spent. TO DEVELOP A WEB-BASED FINANCIAL POLICY LIBRARY AND MAINTAIN OTHER WEB OFFERINGS AS REALTIME MEASURES OF THE US MONETARY AND FINANCIAL SYSTEM TO THE PUBLIC-ADVANCES IN MONETARY AND FINANCIAL MEASUREMENT (AMFM), HISTORICAL FINANCIAL STATISTICS, AND CONTINUOUS FINANCIAL TIMELINE SINCE BEFORE THE 2008 CRISIS).
  2. $250,451 spent. TO PROMOTE GLOBAL MACRO AND FINANCIAL POLICY RESEARCH AND EVENTS SUCH AS CONFERENCES.
  3. $51,417 spent. SOCIETY OF ECONOMIC MEASUREMENT (SEM) COMMITTEE EXISTS TO PROMOTE RESEARCH ON ECOMONIC MEASUREMENT, USING THE MOST ADVANCED TOOLS FROM ECONOMIC THEARY, ECONOMETRICS, AGGREGATION THEORY, EXPERIMENTAL ECONOMICS, MATHEMATICS, AND STATISTICS AND TO FACILITATE COMMUNICATION AMOUNG RESEARCHERS IN FIELDS AND METHODS THAT WILL ENHANCE THE DEVELOPMENT OF ECONOMIC MEASUREMENT. TO PURSUE THESE OBJECTIVES, THE SEM SPONSORS SCIENTIFIC CONFERENCES AND WORKSHOPS. SEM HAS OVER 2,000 MEMBERS AND AFFILIATED RELATIONSHIPS WITH 11 ACADEMIC JOURNALS AND 3 MONOGRAPH SERIES.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on November 15, 2012 for not filing returns for three years, and reinstated on November 15, 2012.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.