Career Path DC

Analysis

Career Path DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 2023, Career Path DC reported income of $4.2m and spending of $4.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $4.2m (+116%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Career Path DC sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include Connecting for Children and Families Inc ($4.2m), The Nemasket Group Inc ($4.2m) and San Diego Charitable Real Estate Foundation ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $439k (11% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $102k against liabilities of $0, net assets of $102k. It reported 109 employees.