Essential Information Inc

Analysis

Essential Information Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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 December 2023, Essential Information Inc reported income of $954k and spending of $1.0m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $791k to $954k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Essential Information Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Boy Scouts of America ($953k), Missions of Honor Inc ($954k) and LA Casa de Amistad Inc ($953k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 26% of the total. Other salaries and wages came to $562k. At year end it held assets of $261k against liabilities of $37k, net assets of $224k. It reported 5 employees.