Washington Space Business Roundtable D C Inc

Analysis

Washington Space Business Roundtable D C Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Washington Space Business Roundtable D C Inc reported income of $135k and spending of $149k, spending 111% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income grew from $82k to $135k (+65%), an average of +65% a year. The sharpest change came in the year to July 2023, when income rose by 65%. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Washington Space Business Roundtable D C Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 23rd percentile within DC. Charities of a similar size with the same main cause include Maryland State Council Knights of Columbus Charity Fund Inc ($135k), Holiday Whopla Inc ($135k) and Gold Beach Main Street ($134k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 0.4% and program service revenue 65% of the total. At year end it held assets of $72k against liabilities of $2,000, net assets of $70k.