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Topos Institute

Berkeley, California · EIN 84-3431367 · Education · tax-exempt since 2020

B

Charity Clarity grade B (score 69.8 of 100), based on the Form 990 for the year ended September 2025.

Graded against 58,642 education nonprofits with revenue $2M–$10M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.6.8 months98
GovernanceBoard independence, key policies and audit, per the 990.84% of practices84
Margin stabilityHow steady the surplus or deficit is year to year.42
Revenue spreadHow much revenue rests on one type of income.98% from one source19
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.90.9%not scored
Management costsShare of spending.8.9%not scored
Cost to raise $1Fundraising cost per dollar given.$0.00not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

202020212022202320242025grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Sep 2025Form 990$2.06M$1.92M$138K$1.09M6.815B
Sep 2024Form 990$1.83M$1.90M−$71K$955K6.019B
Sep 2023Form 990$1.97M$1.70M$273K$1.03M7.215B
Sep 2022Form 990$1.45M$1.13M$317K$753K8.010B
Sep 2021Form 990$938K$672K$266K$435K7.82C
Sep 2020Form 990$256K$89K$167K$169K22.70C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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