Students of Georgetown Inc

Analysis

Students of Georgetown Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1981, 45 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 June 2023, Students of Georgetown Inc reported income of $2.0m and spending of $2.1m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.5m to $2.0m (-21%), an average of -7.4% a year. The sharpest change came in the year to June 2022, when income rose by 582%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Students of Georgetown Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 67th percentile within DC. Charities of a similar size with the same main cause include Community Guilds Inc ($2.0m), Camp Bauercrest Inc ($2.0m) and Crossroads Safehouse & Services Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $54k (2.6% of expenses). Other salaries and wages came to $910k. At year end it held assets of $2.1m against liabilities of $597k, net assets of $1.5m. It reported 394 employees.