Washington Center For Equitable Growth Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,885,434 | 467,857 | 1,417,577 | 59.0 | 0% |
| 2016 | 5,400,333 | 4,593,035 | 807,298 | 8.1 | 44% |
| 2017 | 5,853,456 | 5,040,832 | 812,624 | 9.3 | 43% |
| 2018 | 9,403,286 | 6,388,290 | 3,014,996 | 13.0 | 44% |
| 2019 | 9,925,191 | 8,018,545 | 1,906,646 | 13.2 | 43% |
| 2020 | 10,852,740 | 9,067,396 | 1,785,344 | 14.1 | 49% |
| 2021 | 8,578,592 | 8,493,609 | 84,983 | 15.1 | 52% |
| 2022 | 6,193,469 | 8,996,793 | −2,803,324 | 10.5 | 55% |
| 2023 | 6,349,635 | 7,699,154 | −1,349,519 | 10.2 | 61% |
In its most recent public year (2023), this organization spent $1,349,519 more than it brought in. Its reserves stood at about 10.2 months of spending, down from 59 in 2015. Staff pay was 61% of spending. $3,097,234 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works