Washington Area Inter-Group Assn Inc

Analysis

Washington Area Inter-Group Assn Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1953, 73 years ago. 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 2023, Washington Area Inter-Group Assn Inc reported income of $164k and spending of $172k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $164k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Area Inter-Group Assn Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 26th percentile within DC. Charities of a similar size with the same main cause include Little League Baseball Inc ($164k), Loyadham Charities ($164k) and Milestone Service Partners Incorporated ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $89k (52% of expenses). At year end it held assets of $177k against liabilities of $4,203, net assets of $173k. It reported 2 employees.