Smithsonian Early Enrichment Center Inc

Analysis

Smithsonian Early Enrichment Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Smithsonian Early Enrichment Center Inc reported income of $2.7m and spending of $3.0m, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $2.8m to $2.7m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to August 2022, when income rose by 82%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Smithsonian Early Enrichment Center Inc sits at the 85th percentile: it is larger than about 84% 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 Arkansas Oklahoma Regional Education & Promotion Assn Inc ($2.7m), Metropolitan Council for Educational Opportunity Metco Inc ($2.7m) and Goodwin Foundation Inc ($2.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $172k (5.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.2m against liabilities of $779k, net assets of $2.4m. It reported 72 employees.