- Exempt under
- 501(c)(3)[1]
- IRS ruling date
- January 2007[2]
- Publication 78 data
- Listed (PF)[3]
- Total revenue, period ending Dec 2023
- $7,810,137,842[4]
Gates Foundation is a Seattle, Washington organization in the IRS Exempt Organizations Business Master File[5], listed as exempt under section 501(c)(3)[1]. It appears in the IRS Publication 78 data as a private foundation eligible to receive tax-deductible gifts[3].
IRS status
Section 501(c)(3) is the part of the tax code for charitable and similar organizations, and the IRS lists Gates Foundation there[1]. Its foundation code 04 means the IRS treats it as a private non-operating foundation[6], and the IRS lists it as required to file Form 990-PF[7]. It appears in the Publication 78 data, the IRS list of organizations eligible to receive tax-deductible gifts, with status code PF and a deductibility limitation of 30% (generally)[3]. The IRS deductibility code says contributions are deductible[8].
| Item | IRS record |
|---|---|
| EIN[5] | 56-2618866 |
| Location in IRS records[5] | Seattle, Washington |
| Exempt under[1] | Section 501(c)(3) |
| IRS classification[1] | Charitable Organization |
| Ruling date[2] | January 2007 |
| Foundation code[6] | 04: Private non-operating foundation |
| Deductibility code[8] | 1: Contributions are deductible |
| Publication 78 data[3] | Listed, status PF |
| NTEE code[9] | T22: Philanthropy, Voluntarism and Grantmaking Foundations, Private Independent Foundations |
| Filing requirement[7] | Not required to file (all other) It is also required to file Form 990-PF |
| Fiscal year ends[10] | December |
| Latest e-filed return[11] | Form 990-PF, tax period ending December 2024 |
Finances as reported to the IRS
On its Form 990-PF for the tax period ending December 2023, Gates Foundation reported total revenue of $7,810,137,842 and total expenses of $8,837,147,189[4]. That revenue included contributions, gifts and grants received of $7,797,470,287 on the same return[12]. It reported contributions, gifts and grants paid of $7,200,556,970[4] and total net assets or fund balances of $70,420,596,215 at the end of that tax period[13]. Reported total revenue on its Form 990-PF rose from $6,739,008,078 for the tax period ending December 2021[14] to $6,988,022,771 for the tax period ending December 2022[15] and $7,810,137,842 for the tax period ending December 2023[4]. Separately, the IRS master file lists total assets of $78,673,465,696 for the tax period ending December 2024[16].
IRS master file, newer period. For the most recent return in the IRS master file, for the tax period ending December 2024, the IRS lists total assets of $78,673,465,696.[16]
- Total revenue
- Total expenses
| Tax period ending | Form | Total revenue | Total expenses | Fair market value of assets |
|---|---|---|---|---|
| December 2021[14] | Form 990-PF | $6,739,008,078 | $5,404,355,222 | $54,953,064,583 |
| December 2022[15] | Form 990-PF | $6,988,022,771 | $7,268,313,012 | $68,907,954,709 |
| December 2023[4] | Form 990-PF | $7,810,137,842 | $8,837,147,189 | $76,951,451,400 |
Totals as reported on each return. The IRS publishes these extracts one to two years after filing.
Balance sheet, tax period ending December 2023
| Line | Amount |
|---|---|
| Total assets at book value[13] | $76,951,451,400 |
| Total liabilities[13] | $6,530,855,185 |
| Total net assets or fund balances[13] | $70,420,596,215 |
Other lines on the return, tax period ending December 2023
Questions people ask
- What is the EIN of Gates Foundation?
- The IRS lists Gates Foundation with employer identification number 56-2618866[5].
- Is Gates Foundation a 501(c)(3) nonprofit?
- Yes. The IRS lists it as exempt under section 501(c)(3) with the classification Charitable Organization[1]. Its foundation code marks it as a private non-operating foundation[6].
- Are donations to Gates Foundation tax-deductible?
- The IRS deductibility code says contributions are deductible[8]. It appears in the Publication 78 data with status code PF, a private foundation with a deductibility limitation of 30% (generally)[3].
- Where is Gates Foundation located?
- The IRS master file lists it in Seattle, Washington[5].
- How much revenue does Gates Foundation report?
- On its Form 990-PF for the tax period ending December 2023, it reported total revenue of $7,810,137,842[4].
Facts and sources
- The IRS lists Gates Foundation as exempt under section 501(c)(3) of the Internal Revenue Code, classification: Charitable Organization. IRS EO Business Master File
- The ruling date in the IRS master file (the month and year of the IRS letter recognizing the exemption) is January 2007. IRS EO Business Master File
- Gates Foundation (EIN 56-2618866) appears in the IRS Publication 78 data, the list of organizations eligible to receive tax-deductible charitable contributions, with status code PF (A private foundation, deductibility limitation 30% (generally)). IRS Tax Exempt Organization Search data
- On its Form 990-PF for the tax period ending December 2023, Gates Foundation reported total revenue $7,810,137,842, total expenses $8,837,147,189, contributions, gifts and grants paid $7,200,556,970, total assets at fair market value at year end $76,951,451,400. IRS SOI Form 990 extracts
- The IRS Exempt Organizations Business Master File lists Gates Foundation with employer identification number (EIN) 56-2618866, located in Seattle, Washington. IRS EO Business Master File
- IRS foundation code 04 for Gates Foundation: Private non-operating foundation. IRS EO Business Master File
- IRS filing requirement code 00 for Gates Foundation: Not required to file (all other) It is also required to file Form 990-PF. IRS EO Business Master File
- IRS deductibility code 1 for Gates Foundation: Contributions are deductible. IRS EO Business Master File
- The IRS master file assigns Gates Foundation the National Taxonomy of Exempt Entities (NTEE) code T22: Philanthropy, Voluntarism and Grantmaking Foundations, Private Independent Foundations. IRS EO Business Master File
- Gates Foundation's accounting period (fiscal year) ends in December, according to the IRS master file. IRS EO Business Master File
- The IRS Form 990 series e-file data released in 2025 includes a Form 990-PF from Gates Foundation for the tax period ending December 2024. IRS Form 990 e-file data
- Other lines on the Form 990-PF for the tax period ending December 2023: contributions, gifts and grants received (Part I, line 1) $7,797,470,287; net investment income (Part I, line 27b) $3,210,658; compensation of officers, directors and trustees (Part I, line 13) $13,590,793; excise tax based... IRS SOI Form 990 extracts
- Balance sheet at the end of the tax period ending December 2023 (Form 990-PF, Part II): total assets at book value $76,951,451,400, total liabilities $6,530,855,185, total net assets or fund balances $70,420,596,215. IRS SOI Form 990 extracts
- On its Form 990-PF for the tax period ending December 2021, Gates Foundation reported total revenue $6,739,008,078, total expenses $5,404,355,222, contributions, gifts and grants paid $4,116,941,505, total assets at fair market value at year end $54,953,064,583. IRS SOI Form 990 extracts
- On its Form 990-PF for the tax period ending December 2022, Gates Foundation reported total revenue $6,988,022,771, total expenses $7,268,313,012, contributions, gifts and grants paid $5,907,327,805, total assets at fair market value at year end $68,907,954,709. IRS SOI Form 990 extracts
- For the most recent return in the IRS master file, for the tax period ending December 2024, the IRS lists total assets of $78,673,465,696. IRS EO Business Master File