Demedici Corporation

Analysis

Demedici Corporation is a registered charity in United States, based in Marlton, NJ. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Demedici Corporation reported income of $969k and spending of $490k, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $795k to $969k (+22%), an average of +5.1% a year. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Demedici Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Lyman Learning Institute Inc ($969k), Asbury Nursery School ($969k) and Embracing Equity Inc ($969k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $15.6m against liabilities of $9.3m, net assets of $6.3m.