Equity in the Center Inc

Analysis

Equity in the Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Equity in the Center Inc reported income of $649k and spending of $2.3m, spending 352% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.7m to $649k (-62%), an average of -28% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 74% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Equity in the Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 47th percentile within DC. Charities of a similar size with the same main cause include Latino Coalition Against Domestic & Sexual Violence ($649k), Casa of Terrebonne Inc ($649k) and Casa de Esperanza ($647k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $363k (16% of expenses). Other salaries and wages came to $711k. At year end it held assets of $2.3m against liabilities of $240k, net assets of $2.0m. It reported 9 employees.