DC Public Education Fund

Analysis

DC Public Education Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, DC Public Education Fund reported income of $15.4m and spending of $13.0m, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.7m to $15.4m (+44%), an average of +9.6% a year. The sharpest change came in the year to September 2023, when income rose by 105%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, DC Public Education Fund 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 91st percentile within DC. Charities of a similar size with the same main cause include University of South Florida Research Foundation Inc ($15.4m), Phillips Brooks School ($15.4m) and Horse Creek Academy ($15.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $384k (3.0% of expenses). Other salaries and wages came to $297k. At year end it held assets of $26.4m against liabilities of $6.7m, net assets of $19.7m. It reported 6 employees.