Power to Decide
Analysis
Power to Decide is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Power to Decide reported income of $7.7m and spending of $11.6m, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.6m to $7.7m (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 118% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Power to Decide sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 84th percentile within DC. Charities of a similar size with the same main cause include Hope Through Housing Foundation ($7.6m), A Torah Infertility Medium of Exchange ($7.7m) and Catholic Charities Inc ($7.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $1.1m (9.1% of expenses). Other salaries and wages came to $3.6m. It paid $19k in professional fundraising fees. At year end it held assets of $21.8m against liabilities of $2.3m, net assets of $19.4m. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hope Through Housing Foundation | RCH Cucamonga | $7.6m |
| A Torah Infertility Medium of Exchange | Brooklyn | $7.7m |
| Catholic Charities Inc | Ridgeland | $7.6m |
| Bronx House Inc | Bronx | $7.7m |