Occupational Development Center Inc

Analysis

Occupational Development Center Inc is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in October 1950, 76 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 June 2023, Occupational Development Center Inc reported income of $909k and spending of $1.0m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $909k (-39%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 121%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Occupational Development Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Pigtown Main Street Inc ($909k), Tongue River Valley Community Center ($909k) and SWFLCF Support Organization Inc ($909k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $99k (9.7% of expenses). Other salaries and wages came to $551k. At year end it held assets of $1.1m against liabilities of $61k, net assets of $1.0m. It reported 47 employees.