Local City Collective

Analysis

Local City Collective is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2019, 7 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 September 2023, Local City Collective reported income of $209k and spending of $203k, spending 97% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $153k to $209k (+37%), an average of +37% a year. The sharpest change came in the year to September 2023, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Local City Collective sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 30th percentile within DC. Charities of a similar size with the same main cause include Junior League of Wichita Falls Inc ($209k), Rotary Community Service Inc ($209k) and The Potomac Trust Inc ($209k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 1.0% of the total. Other salaries and wages came to $75k. At year end it held assets of $15k against liabilities of $0, net assets of $15k. It reported 1 employees.