Murray County Developmental Achievement Center Inc

Analysis

Murray County Developmental Achievement Center Inc is a registered charity in United States, based in Slayton, MN. It received its IRS tax-exemption ruling in February 1970, 56 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, Murray County Developmental Achievement Center Inc reported income of $382k and spending of $396k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $417k to $382k (-8.5%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Murray County Developmental Achievement Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Acorn Foundation ($382k), Atlanta Pop Concerts Inc ($382k) and Huntington Beach Council on Aging ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $84k (21% of expenses). Other salaries and wages came to $171k. At year end it held assets of $772k against liabilities of $61k, net assets of $711k. It reported 23 employees.