Civstart Corp

Analysis

Civstart Corp is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2020, 6 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, Civstart Corp reported income of $466k and spending of $441k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $354k to $466k (+32%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Civstart Corp sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 42nd percentile within DC. Charities of a similar size with the same main cause include Main Street El Dorado ($466k), Downtown Revitalization and Improvement Volunteer Effort Inc ($466k) and Mobilisation Lab Collective Inc ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $270k (61% of expenses). Other salaries and wages came to $60k. At year end it held assets of $167k against liabilities of $4,426, net assets of $163k. It reported 4 employees.