The Management Center

Analysis

The Management Center is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Management Center reported income of $13.6m and spending of $14.8m, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $17.4m to $13.6m (-22%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Management Center sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Say Yes Buffalo Scholarship Inc ($13.6m), Legacy Traditional School Chandler ($13.6m) and Central Valley Christian School Society ($13.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.8m (12% of expenses). Other salaries and wages came to $8.1m. At year end it held assets of $11.5m against liabilities of $1.8m, net assets of $9.6m. It reported 67 employees.