Developmental Evaluation and Adjustment Facilities Inc

Analysis

Developmental Evaluation and Adjustment Facilities Inc is a registered charity in United States, based in Allston, MA. It received its IRS tax-exemption ruling in September 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Developmental Evaluation and Adjustment Facilities Inc reported income of $5.5m and spending of $2.9m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $5.5m (+143%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 76%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Developmental Evaluation and Adjustment Facilities Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Lori & David Scott Foundation ($5.5m), Carlsbad Educational Foundation ($5.5m) and Halifax Urban Ministries ($5.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $140k (4.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.8m against liabilities of $951k, net assets of $3.9m. It reported 24 employees.