Citizens Association of Georgetown

Analysis

Citizens Association of Georgetown is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1984, 42 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, Citizens Association of Georgetown reported income of $278k and spending of $459k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $515k to $278k (-46%), an average of -14% a year. The sharpest change came in the year to December 2020, when income rose by 188%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Citizens Association of Georgetown sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 34th percentile within DC. Charities of a similar size with the same main cause include Wisconsin Athletic Directors Association Inc ($278k), Latin Equip Inc ($278k) and Educational Foundation of the Colo Socty of Cert Pub Accountants ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $95k (21% of expenses). Other salaries and wages came to $7,610. At year end it held assets of $1.5m against liabilities of $5,366, net assets of $1.5m. It reported 2 employees.