Washington Building Congress Inc
EIN: 530162605 · Washington, DC
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Net Assets | $689K |
Is Washington Building Congress Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Washington Building Congress Inc
Washington Building Congress Inc (EIN: 530162605) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $1.4M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Building Congress Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington Building Congress Inc is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$97K |
| Total Assets | $1.3M |
| Total Liabilities | $587K |
| Net Assets | $689K |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 46.0% |
| Months of Reserves | 11.5 months |
Financial Health Grade: A
In 2023, Washington Building Congress Inc reported a surplus of $97K with revenue exceeding expenses, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 46.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Washington Building Congress Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.4% | +12.8% | +24.2% |
| 2022 | +59.4% | +52.0% | -18.6% |
| 2021 | -15.6% | -11.5% | +7.7% |
| 2020 | -24.0% | -27.5% | +2.5% |
| 2019 | +1.7% | +4.8% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Washington Building Congress Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Washington Building Congress Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $97K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.0%.
Frequently Asked Questions about Washington Building Congress Inc
Is Washington Building Congress Inc a legitimate charity?
Washington Building Congress Inc (EIN: 530162605) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: A.
How does Washington Building Congress Inc spend its money?
Washington Building Congress Inc reported $1.4M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Washington Building Congress Inc tax-deductible?
Washington Building Congress Inc is registered as a tax-exempt nonprofit (EIN: 530162605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Washington Building Congress Inc located?
Washington Building Congress Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 530162605.
How many years of IRS 990 filings does Washington Building Congress Inc have?
Washington Building Congress Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
Filing History
IRS 990 filing history for Washington Building Congress Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Washington Building Congress Inc's revenue has grown by 54.3%, moving from $923K to $1.4M. Total assets increased by 38.8% over the same period, from $920K to $1.3M. Total functional expenses rose by 41.5%, from $939K to $1.3M. In its most recent filing year (2023), Washington Building Congress Inc reported a surplus of $97K, with revenue exceeding expenses. The organization holds $587K in liabilities against $1.3M in assets (debt-to-asset ratio: 46.0%), resulting in net assets of $689K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.3M | $1.3M | $587K | — | — |
| 2022 | $1.2M | $1.2M | $1.0M | $418K | — | — |
| 2021 | $768K | $775K | $1.3M | $544K | — | View 990 |
| 2020 | $910K | $875K | $1.2M | $499K | — | — |
| 2019 | $1.2M | $1.2M | $1.1M | $513K | — | View 990 |
| 2018 | $1.2M | $1.2M | $1.1M | $499K | — | View 990 |
| 2017 | $1.2M | $1.2M | $1.2M | $555K | — | View 990 |
| 2016 | $1.2M | $1.2M | $1.1M | $526K | — | View 990 |
| 2015 | $1.1M | $1.1M | $1.0M | $478K | — | View 990 |
| 2014 | $1.1M | $1.1M | $969K | $380K | — | View 990 |
| 2013 | $1.1M | $1.1M | $855K | $292K | — | View 990 |
| 2012 | $943K | $988K | $860K | $239K | — | View 990 |
| 2011 | $923K | $939K | $920K | $291K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $1.3M (revenue +16.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $1.0M (revenue +59.4% year-over-year).
- 2021: Revenue of $768K, expenses of $775K, and assets of $1.3M (revenue -15.6% year-over-year).
- 2020: Revenue of $910K, expenses of $875K, and assets of $1.2M (revenue -24.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue +1.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue -2.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $1.2M (revenue +1.6% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue +3.4% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $1.0M (revenue +0.4% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $969K (revenue +6.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $855K (revenue +13.6% year-over-year).
- 2012: Revenue of $943K, expenses of $988K, and assets of $860K (revenue +2.1% year-over-year).
- 2011: Revenue of $923K, expenses of $939K, and assets of $920K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington Building Congress Inc:
Data Sources and Methodology
This transparency report for Washington Building Congress Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.