Humanities Council of Washington DC Inc

Analysis

Humanities Council of Washington DC Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1980, 46 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 October 2023, Humanities Council of Washington DC Inc reported income of $2.7m and spending of $2.6m, spending 95% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $2.1m to $2.7m (+28%), an average of +6.4% a year. The sharpest change came in the year to October 2022, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Humanities Council of Washington DC Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 71st percentile within DC. Charities of a similar size with the same main cause include Invest in Others Charitablefoundation Inc ($2.7m), Morton Community Foundation ($2.7m) and Charter Conservatory for Liberal Arts & Technology Inc ($2.7m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $161k (6.2% of expenses). Other salaries and wages came to $596k. It paid $50k in professional fundraising fees. At year end it held assets of $834k against liabilities of $132k, net assets of $703k. It reported 12 employees.