Occupational Training Center of Burlington County Inc

Analysis

Occupational Training Center of Burlington County Inc is a registered charity in United States, based in Burlngtn TWP, NJ. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Occupational Training Center of Burlington County Inc reported income of $52.2m and spending of $47.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $42.3m to $52.2m (+23%), an average of +5.4% a year. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Occupational Training Center of Burlington County Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Housing Works Inc ($51.8m), Goodwill Industries of Michiana Inc ($52.2m) and Lexington Center Corporation ($51.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $505k (1.1% of expenses). Other salaries and wages came to $24.5m. At year end it held assets of $91.1m against liabilities of $9.1m, net assets of $82.0m. It reported 834 employees.