Georgetown Ministry Center

Analysis

Georgetown Ministry Center is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1988, 38 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 September 2023, Georgetown Ministry Center reported income of $1.0m and spending of $1.0m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $598k to $1.0m (+69%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 45%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgetown Ministry Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 55th percentile within DC. Charities of a similar size with the same main cause include Citizens League ($1.0m), Erna Jorgensen Charitable Trust 40-10-420-0862500 ($1.0m) and Northern Family Intervention Services Inc ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $84k (8.0% of expenses). Other salaries and wages came to $443k. At year end it held assets of $751k against liabilities of $41k, net assets of $710k. It reported 19 employees.