Jackson Development Center Inc

Analysis

Jackson Development Center Inc is a registered charity in United States, based in East Elmhurst, NY. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jackson Development Center Inc reported income of $6.5m and spending of $6.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.5m to $6.5m (-23%), an average of -6.4% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jackson Development Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Two Roads Charter School ($6.5m), Westside Waldorf School ($6.5m) and Brookhaven Academy Educational Foundation Inc ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $244k (3.8% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $1.6m against liabilities of $1.6m, net assets of $14k. It reported 134 employees.