District of Columbia Students Construction Trades Foundation Inc

Analysis

District of Columbia Students Construction Trades Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2006, 20 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, District of Columbia Students Construction Trades Foundation Inc reported income of $585k and spending of $556k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $654k to $585k (-11%), an average of -2.7% a year. The sharpest change came in the year to September 2022, when income rose by 34%. Over the whole period it spent 111% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, District of Columbia Students Construction Trades Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 46th percentile within DC. Charities of a similar size with the same main cause include Minority Construction Council Inc ($584k), Help Community Development Corporation ($585k) and Mt Airy Transit Village Inc ($584k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. It paid $23k in professional fundraising fees. At year end it held assets of $762k against liabilities of $233k, net assets of $529k.