Center for Democracy and Development in the Americas Inc

Analysis

Center for Democracy and Development in the Americas Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Center for Democracy and Development in the Americas Inc reported income of $290k and spending of $293k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $437k to $290k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2021, when income dropped by 68%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Democracy and Development in the Americas Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 35th percentile within DC. Charities of a similar size with the same main cause include New Trier Club ($290k), North Caroliniana Society ($290k) and Senior Citizens of Westbury Inc ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. Compensation of current officers, directors and key employees was $54k (19% of expenses). At year end it held assets of $444k against liabilities of $128k, net assets of $317k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.