Aitkin County Developmental Achievement Center Inc

Analysis

Aitkin County Developmental Achievement Center Inc is a registered charity in United States, based in Aitkin, MN. It received its IRS tax-exemption ruling in October 1976, 50 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 December 2023, Aitkin County Developmental Achievement Center Inc reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aitkin County Developmental Achievement Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Smith Academy for Excellence Inc ($1.6m), Nineline Veterans Services ($1.6m) and Latin Center ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $72k (4.5% of expenses). Other salaries and wages came to $963k. At year end it held assets of $1.3m against liabilities of $104k, net assets of $1.2m. It reported 83 employees.