Center for the Advancement of the Steady State Economy

Analysis

Center for the Advancement of the Steady State Economy is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, 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, Center for the Advancement of the Steady State Economy reported income of $135k and spending of $423k, spending 313% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $588k to $135k (-77%), an average of -31% a year. The sharpest change came in the year to December 2020, when income rose by 112%. Over the whole period it spent 49% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Center for the Advancement of the Steady State Economy sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include DTCF Partnership Inc ($135k), Hollywood Rotary Foundation Inc ($135k) and East Peoria Community Foundation NFP ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% of the total. Compensation of current officers, directors and key employees was $110k (26% of expenses). Other salaries and wages came to $228k. At year end it held assets of $2.7m against liabilities of $17k, net assets of $2.7m. It reported 6 employees.