Head Start of Washington County Inc

Analysis

Head Start of Washington County Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in May 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 January 2024, Head Start of Washington County Inc reported income of $8.1m and spending of $7.8m, spending 97% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $6.4m to $8.1m (+26%), an average of +6.0% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Head Start of Washington County Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Legacy Traditional School-Peoria ($8.1m), Seattle Christian School Assn Inc ($8.1m) and Riverwalk Academy Inc ($8.1m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $233k (3.0% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $5.1m against liabilities of $2.5m, net assets of $2.6m. It reported 159 employees.