Development Solutions Inc

Analysis

Development Solutions Inc is a registered charity in United States, based in Dana Point, CA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Solutions Inc reported income of $574k and spending of $954k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $574k (-62%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 151% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Development Solutions Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Vocational Skills Services Inc ($574k), Heal Africa USA ($574k) and Adopt-A-Block of Aroostook ($574k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $97k (10% of expenses). Other salaries and wages came to $345k. At year end it held assets of $433k against liabilities of $134k, net assets of $299k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.