Education Forward DC

Analysis

Education Forward DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Education Forward DC reported income of $10.1m and spending of $12.6m, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $17.0m to $10.1m (-41%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 120%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Forward DC 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 95th percentile, and in the 87th percentile within DC. Charities of a similar size with the same main cause include The Newman School ($10.1m), Calvert County Day School Inc ($10.1m) and Valley Life Charter Schools ($10.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $1.1m (8.7% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $15.2m against liabilities of $741k, net assets of $14.4m. It reported 20 employees.