Federal City Council

Analysis

Federal City Council is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1959, 67 years ago. 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 December 2023, Federal City Council reported income of $3.8m and spending of $3.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.8m (+46%), an average of +9.9% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Federal City Council sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 76th percentile within DC. Charities of a similar size with the same main cause include Southfield Preparatory Academy ($3.8m), De Anza Cupertino Aquatics ($3.8m) and Dumas Wesley Community Center ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $914k (25% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.0m against liabilities of $1.6m, net assets of $407k. It reported 21 employees.