Development Research Corporation

Analysis

Development Research Corporation is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, 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, Development Research Corporation reported income of $141k and spending of $78k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $141k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 1655%. Over the whole period it spent 25% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Development Research Corporation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Orange County Nikkei Coordinating Council ($141k), Unite a Nation Inc ($141k) and Town and Country Womens Club ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $2.2m against liabilities of $342k, net assets of $1.8m.