Washington Parks & People

Analysis

Washington Parks & People is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Washington Parks & People reported income of $1.0m and spending of $837k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 331%. Over the whole period it spent 63% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Washington Parks & People sits at the 77th percentile: it is larger than about 77% 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 Startup Tucson ($1.0m), Adonais Second Chances ($1.0m) and Dress for Success Pittsburgh ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $89k (11% of expenses). Other salaries and wages came to $219k. At year end it held assets of $4.7m against liabilities of $762k, net assets of $3.9m. It reported 7 employees.