Career Development Center

Analysis

Career Development Center is a registered charity in United States, based in Fairfield, IL. It received its IRS tax-exemption ruling in August 1974, 52 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, Career Development Center reported income of $1.8m and spending of $1.7m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.9m to $1.8m (-1.8%), an average of -0.6% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Career Development Center sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Carrollton Booster Club ($1.8m), Foundation for Fraternal Excellence Inc ($1.8m) and St Elizabeth Seton Childrens Foundation Ltd ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $157k (9.2% of expenses). Other salaries and wages came to $899k. At year end it held assets of $2.0m against liabilities of $112k, net assets of $1.9m. It reported 162 employees.