Variety - the Childrens Charity of the National Capital Region Inc

Analysis

Variety - the Childrens Charity of the National Capital Region Inc is a registered charity in United States, based in Washinton, DC. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Variety - the Childrens Charity of the National Capital Region Inc reported income of $111k and spending of $112k, spending 100% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $71k to $111k (+58%), an average of +58% a year. The sharpest change came in the year to September 2023, when income rose by 58%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Variety - the Childrens Charity of the National Capital Region Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 21st percentile within DC. Charities of a similar size with the same main cause include Chamber Music Silicon Valley ($111k), Arbutus Senior Center Counci ($111k) and Families in Need of Assistance Inc ($111k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.