Center for Innovative Governance Research

Analysis

Center for Innovative Governance Research is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2018, 8 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, Center for Innovative Governance Research reported income of $2.4m and spending of $2.7m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $690k to $2.4m (+246%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 314%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Center for Innovative Governance Research sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 69th percentile within DC. Charities of a similar size with the same main cause include New Madrid Co Human Resources Council Community Partnership ($2.4m), Boone County Community Organization Assn ($2.4m) and Ohio CDC Association ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $169k (6.2% of expenses). Other salaries and wages came to $687k. At year end it held assets of $4.2m against liabilities of $66k, net assets of $4.1m. It reported 11 employees.