Georgetown Village Inc

Analysis

Georgetown Village Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2010, 16 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, Georgetown Village Inc reported income of $293k and spending of $317k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $293k (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Georgetown Village Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 35th percentile within DC. Charities of a similar size with the same main cause include Calahan Foundation NFP ($293k), Second Home Learning Center ($293k) and Madison County Senior Citizens Council on Aging ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $99k (31% of expenses). Other salaries and wages came to $75k. At year end it held assets of $429k against liabilities of $3,263, net assets of $425k. It reported 3 employees.