Historic Dupont Circle Main Streets

Analysis

Historic Dupont Circle Main Streets is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 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 September 2023, Historic Dupont Circle Main Streets reported income of $707k and spending of $616k, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $435k to $707k (+62%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 50%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Historic Dupont Circle Main Streets sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 49th percentile within DC. Charities of a similar size with the same main cause include West Oakland Job Resource Center ($707k), Restore Life Incorporated ($707k) and Seabrook Community Foundation ($706k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $59k (9.6% of expenses). At year end it held assets of $255k against liabilities of $29k, net assets of $226k. It reported 2 employees.