Dc127 Inc

Analysis

Dc127 Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Dc127 Inc reported income of $400k and spending of $393k, spending 98% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $303k to $400k (+32%), an average of +9.7% a year. The sharpest change came in the year to June 2020, when income rose by 93%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dc127 Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 40th percentile within DC. Charities of a similar size with the same main cause include Riverhead Rotary Charities Inc ($400k), Women and Youth Center Inc ($400k) and Hunt Motors Inc ($400k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $279k. At year end it held assets of $451k against liabilities of $2,869, net assets of $448k. It reported 5 employees.