Documentary Educational Resources Inc

Analysis

Documentary Educational Resources Inc is a registered charity in United States, based in Watertown, MA. It received its IRS tax-exemption ruling in September 1973, 53 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Documentary Educational Resources Inc reported income of $1.6m and spending of $2.2m, spending 139% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income fell from $1.7m to $1.6m (-9.7%), an average of -3.4% a year. The sharpest change came in the year to April 2022, when income dropped by 41%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Documentary Educational Resources Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Bay Area Electric Railway Association ($1.6m), Indianapolis Ballet Inc ($1.6m) and Parsons Dance Foundation Inc ($1.6m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $88k (4.1% of expenses). Other salaries and wages came to $167k. At year end it held assets of $1.0m against liabilities of $290k, net assets of $753k. It reported 7 employees.