The Washington Center

Analysis

The Washington Center is a registered charity in United States, based in New London, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Washington Center reported income of $1.5m and spending of $1.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+1.0%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Washington Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Lutheran Brethren Woodland Lodge Inc ($1.5m), Tides of Change ($1.5m) and San Juan Community Theatre ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 91% of the total. Other salaries and wages came to $570k. At year end it held assets of $2.4m against liabilities of $3.0m, net assets of -$688k. It reported 30 employees.