House DC Inc

Analysis

House DC Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, House DC Inc reported income of $1.2m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $921k to $1.2m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, House DC Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 58th percentile within DC. Charities of a similar size with the same main cause include Diocese of Norwich Outreach to Haiti ($1.2m), Coronado Childrens Center ($1.2m) and Open Gate Ministries Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $100k (8.6% of expenses). Other salaries and wages came to $493k. At year end it held assets of $1.2m against liabilities of $25k, net assets of $1.2m. It reported 13 employees.