Washington Center for Equitable Growth
Washington Center for Equitable Growth reported $12.0 million in revenue and $6.7 million in expenses for calendar year 2024. Of every $100 it spent, $61.26 went to program services, $32.93 to management and general costs and $5.81 to fundraising. Its largest source of revenue was contributions and grants: 99.6% of the total. The highest compensation it reported for one person was $322,462 (PRESIDENT & CEO). 15 people received more than $100,000 in reportable compensation. Revenue rose 21% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $6.7MFor context, the median across 54 covered social science charities: $84.80 programs, $13.80 management, $1.40 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 61.3% | 81.3% |
| Management & general Part IX 25(C) ÷ 25(A) | 32.9% | 13.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.8% | 1.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.6% | 81.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 4.4% |
| Highest reported compensation Part VII-A, columns D–F | $322,462 | $467,896 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.80% | 2.13% |
| People paid over $100,000 Part VII, line 2 | 15 | 19 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 21.1 | 16.5 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 96.5% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseAcademic programs: Equitable Growth's grants and research programs aim to improve our understanding of inequality and growth by supporting new research and bringing scholars together to share their work
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Director/trustee, officer, 40.00 hrs/week | $304,987 | $0 | $17,475 | $322,462 |
| VICE PRESIDENT Director/trustee, officer, 40.00 hrs/week | $204,303 | $0 | $38,232 | $242,535 |
| VICE PRESIDENT, POLICY Officer, 40.00 hrs/week | $205,165 | $0 | $18,951 | $224,116 |
| SENIOR DIRECTOR OF COMMUNI Highest compensated employee, 40.00 hrs/week | $171,416 | $0 | $26,878 | $198,294 |
| DIRECTOR OF ACADEMIC PROGR Highest compensated employee, 40.00 hrs/week | $154,328 | $0 | $36,800 | $191,128 |
| DIRECTOR OF HR Highest compensated employee, 40.00 hrs/week | $153,148 | $0 | $33,954 | $187,102 |
| SENIOR FELLOW Highest compensated employee, 40.00 hrs/week | $152,196 | $0 | $17,475 | $169,671 |
| DIRECTOR OF DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $141,162 | $0 | $16,863 | $158,025 |
15 people received more than $100,000 in reportable compensation from Washington Center for Equitable Growth (Part VII, line 2). Compensation of current officers, directors and key employees totaled $837K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 536
- Volunteers Part I, line 65
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
8 private foundations reported grants to Washington Center for Equitable Growth totaling $2.6M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Washington Center for Equitable Growth's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Washington Center for Equitable Growth, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Washington Center for Equitable Growth spent in 2024, $61.26 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Uli FoundationWashington, DC · revenue $11M · programs 79.3% · FY2025
- Center for Applied Research SolutionsSanta Rosa, CA · revenue $13M · programs 89.7% · 2024
- Institute for Family DevelopmentFederal Way, WA · revenue $11M · programs 89.5% · FY2025
- American Institute for Economic ResearchGreat Barrington, MA · revenue $13M · programs 70.0% · 2025
- Population Reference BureauWashington, DC · revenue $11M · programs 66.8% · FY2025
All social science charities · Largest charities in District of Columbia
Questions people ask
How much of Washington Center for Equitable Growth's spending goes to programs?
In calendar year 2024, Washington Center for Equitable Growth reported that 61.3% of its $6.7 million in expenses went to program services, 32.9% to management and general and 5.8% to fundraising (Form 990, Part IX).
How much does Washington Center for Equitable Growth pay its top executive?
The largest total compensation Washington Center for Equitable Growth reported for one person in calendar year 2024 was $322,462, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Washington Center for Equitable Growth get its money?
Of $12.0 million in revenue in calendar year 2024, 99.6% came from contributions and grants (including 4.6% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Washington Center for Equitable Growth a registered charity?
The IRS lists EIN 47-4464400 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503189349308100 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443209349301439 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333109349302198 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213089349301536 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113169349306916 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023169349300902 · read the filing
All filings for EIN 47-4464400: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.