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The Economic Club of Washington Dc

EIN 52-1469926 · Washington, DC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong96 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

To provide a forum for the study and discussion of timely economic, business, and political issues. To increase regional understanding of national and international economic issues amongst the region's business, professional, governmental, and international leadership. To provide a prominent forum where eminent global leaders can share their insights about major issues of the day; and to promote a robust peer community for the area's top executives.

Income
$8.6 million
Spending
$7.0 million
Spent on programs
86%
Reserves
20.5 months of spending
Largest source of income
fees for its services, 48%
Employees
53
Volunteers
48
Highest pay
$678,441, president & ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 96 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 20.5 months of spending.

  • Debt

    16 of 20

    It owes 29% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 19% of income.

  • Income trend

    15 of 15

    Income rose 10% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    49 of 50 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $2.7 million spent. Program Events: Providing regional business leaders and their guests the opportunity to hear featured speakers and gain a better understanding of global economic issues. These signature events promote a greater sense of community among the area's top executives, regional and national government officials, and the diplomatic community. Throughout the year, our members gather to listen to , and learn from, thought-leaders in the global business, policy and diplomatic sectors. Executive Conversations generally are smaller group gatherings of approximately 30-100 members. The intimate setting allows club members to interact with speakers through an in-depth exploration of compelling global topics of interest to the business world. Additional virtual and in-person events provide members regular opportunity for small-group peer interaction. These sessions include more frequent member led forums that foster community education through topic driven discussions. (Expenses $ 313,820 including grants of $)
  2. $1.7 million spent. Scholarship programs: College scholarships, in the amount of $20,000 each, are awarded to up to 50 Washington, DC, public and charter high school seniors based on academic achievement and other factors. With oversight provided by the Education Committee, extensive additional support is provided to students selected for the scholarship award including mentoring, internships, and other seminars devised to enhance successful graduation from college and provide job opportunities. Through a vigorous application process, up to 3 fellowships in the amount of $10,000 each are also awarded to prior scholarship winners to support graduate - level study across all disciplines.
  3. $1.2 million spent. Membership: The Economic Club of Washington DC is a non-profit peer group organization. Our exclusive membership is restricted to executive-level leaders of top tier businesses based in the Washington region. Through our programs, members gain valuable insight into critical global, economic, business, and political issues that impact their company's success. They also interact with peers in ways that strengthen the area business community and support their ability to effectively guide their firms' commerce. Economic Club members include heads of regional and national corporations, entrepreneurs, investment professionals, government affairs experts, lawyers, accountants, and business leaders from the Washington, DC region. The Executive Fellows program welcomes individuals from annual sponsor organizations, who are on a leadership track, and provides opportunities to develop and cultivate leadership skills. (Expenses $ 313,820 including grants of $)

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1987.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.