Research and Business Development Center Inc

Analysis

Research and Business Development Center Inc is a registered charity in United States, based in Rexburg, ID. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Research and Business Development Center Inc reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $867k to $1.2m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Research and Business Development Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within ID. Charities of a similar size with the same main cause include Dawg Nation Hockey Foundation ($1.2m), Preventionfocus Inc ($1.2m) and Mt Graham Safe House Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $105k (9.3% of expenses). Other salaries and wages came to $717k. At year end it held assets of $490k against liabilities of $108k, net assets of $382k. It reported 52 employees.