Georgetown Family Center Inc

Analysis

Georgetown Family Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Georgetown Family Center Inc reported income of $670k and spending of $538k, spending 80% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $411k to $670k (+63%), an average of +13% a year. The sharpest change came in the year to August 2021, when income rose by 56%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Georgetown Family Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Common Ground Farm Inc ($669k), Ruby Mountain Resource Center ($670k) and New Era Creative Space Inc ($669k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 31% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $105k (20% of expenses). Other salaries and wages came to $179k. At year end it held assets of $1.1m against liabilities of $215k, net assets of $843k. It reported 6 employees.