Cityworks DC

Analysis

Cityworks DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Cityworks DC reported income of $1.6m and spending of $2.3m, spending 145% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $6.6m to $1.6m (-76%), an average of -76% a year. The sharpest change came in the year to June 2024, when income dropped by 76%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cityworks DC sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 63rd percentile within DC. Charities of a similar size with the same main cause include FC Virginia-United ($1.6m), Public School 10 Parent Teacher Association Inc ($1.6m) and STEM Coding Lab Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $1.1m (48% of expenses). Other salaries and wages came to $456k. At year end it held assets of $2.3m against liabilities of $91k, net assets of $2.2m. It reported 16 employees.