Running Start

Analysis

Running Start is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Running Start reported income of $1.1m and spending of $984k, spending 91% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $870k to $1.1m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2019, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Running Start sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 56th percentile within DC. Charities of a similar size with the same main cause include Critical Exposure Inc ($1.1m), Jeans Angels ($1.1m) and Boys Club of Burkburnett ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $258k (26% of expenses). Other salaries and wages came to $362k. At year end it held assets of $138k against liabilities of $40k, net assets of $98k. It reported 9 employees.