Skill Growth Dba Chooseu

Analysis

Skill Growth Dba Chooseu is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover employment, 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, Skill Growth Dba Chooseu reported income of $9.8m and spending of $9.4m, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $32.2m to $9.8m (-70%), an average of -33% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Skill Growth Dba Chooseu sits at the 96th percentile: it is larger than about 96% 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 Humans First Detroit ($9.8m), Tri-Valley Developmental Services ($9.8m) and Association of Community Employment Programs for the Homeless Inc ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $517k (5.5% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $2.5m against liabilities of $751k, net assets of $1.7m. It reported 110 employees.