DC Central Kitchen Inc

Analysis

DC Central Kitchen Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 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 June 2023, DC Central Kitchen Inc reported income of $26.1m and spending of $26.3m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $20.5m to $26.1m (+27%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 110%. 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, DC Central Kitchen Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 95th percentile within DC. Charities of a similar size with the same main cause include Arc of Southern Maryland ($26.0m), Canyonlands Community Health Care ($26.1m) and Benedictine Health Center ($26.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $579k (2.2% of expenses). Other salaries and wages came to $10.8m. At year end it held assets of $46.6m against liabilities of $6.5m, net assets of $40.1m. It reported 258 employees.