Street Sense Inc

Analysis

Street Sense Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Street Sense Inc reported income of $829k and spending of $826k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $500k to $829k (+66%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Street Sense Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 52nd percentile within DC. Charities of a similar size with the same main cause include Carousel Play & Learn Center Inc ($829k), Human Necessity Foundation ($830k) and Hoerner Young Mens Christian Association of Keokuk Iowa Inc ($829k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $118k (14% of expenses). Other salaries and wages came to $423k. At year end it held assets of $292k against liabilities of $25k, net assets of $266k. It reported 14 employees.