Fillmore County Developmental Achievement Center

Analysis

Fillmore County Developmental Achievement Center is a registered charity in United States, based in Preston, MN. It received its IRS tax-exemption ruling in January 1968, 58 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, Fillmore County Developmental Achievement Center reported income of $599k and spending of $577k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $605k to $599k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fillmore County Developmental Achievement Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Think Big Foundation of Missouri Inc ($599k), Creek-A Middle School Youth Center ($599k) and Achieva Resources Corporation Inc ($599k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $51k (8.9% of expenses). Other salaries and wages came to $244k. At year end it held assets of $612k against liabilities of $4,640, net assets of $607k. It reported 41 employees.