Greater Washington

Analysis

Greater Washington is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1998, 28 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, Greater Washington reported income of $224k and spending of $175k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $163k to $224k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Washington sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 31st percentile within DC. Charities of a similar size with the same main cause include Reach Womens Network ($224k), New Albany Urban Enterprise Zone ($224k) and Brotherhood for the Fallen - Fort Worth TX ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $40k (23% of expenses). At year end it held assets of $283k against liabilities of $0, net assets of $283k.