Delaware Valley Industrial Resource Center

Analysis

Delaware Valley Industrial Resource Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1989, 37 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 2023, Delaware Valley Industrial Resource Center reported income of $7.5m and spending of $7.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.7m to $7.5m (-1.4%), an average of -0.4% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delaware Valley Industrial Resource Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Disability Rights Wisconsin Inc ($7.5m), Homesight ($7.5m) and Federation of American Societies for Experimental Biology ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $1.9m (25% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.1m against liabilities of $1.2m, net assets of $1.9m. It reported 43 employees.