Barc Developmental Services Incorporated

Analysis

Barc Developmental Services Incorporated is a registered charity in United States, based in Holicong, PA. It received its IRS tax-exemption ruling in August 1974, 52 years ago. 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 June 2023, Barc Developmental Services Incorporated reported income of $27.0m and spending of $25.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.4m to $27.0m (+6.3%), an average of +1.5% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Barc Developmental Services Incorporated sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Portledge School ($26.9m), United States Figure Skating Association ($27.0m) and Army Emergency Relief ($26.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $320k (1.3% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $15.6m against liabilities of $6.3m, net assets of $9.2m. It reported 247 employees.