DC Bid Council

Analysis

DC Bid Council is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, DC Bid Council reported income of $272k and spending of $110k, leaving 59% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income grew from $236k to $272k (+15%), an average of +7.2% a year. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, DC Bid Council sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 34th percentile within DC. Charities of a similar size with the same main cause include Kappa Alpha Psi Foundation of Metropolitan Baltimore Inc ($272k), Derry Wolverine Dream Foundation Inc ($272k) and Galax Foundation for Excellence in Education ($272k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $254k against liabilities of $0, net assets of $254k.