Marshall-Starke Development Center Inc

Analysis

Marshall-Starke Development Center Inc is a registered charity in United States, based in Plymouth, IN. It received its IRS tax-exemption ruling in May 1966, 60 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Marshall-Starke Development Center Inc reported income of $7.1m and spending of $7.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $7.1m (+9.9%), an average of +2.4% a year. 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, Marshall-Starke Development Center Inc 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 94th percentile within IN. Charities of a similar size with the same main cause include Kalamazoo Foundation for Excellence ($7.1m), Caroline Center Inc ($7.1m) and Scissortail Park Foundation Inc ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $421k (5.9% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $2.6m against liabilities of $411k, net assets of $2.2m. It reported 292 employees.