Wabasha County Developmental Achievement Center Inc

Analysis

Wabasha County Developmental Achievement Center Inc is a registered charity in United States, based in Wabasha, MN. It received its IRS tax-exemption ruling in March 1973, 53 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wabasha County Developmental Achievement Center Inc reported income of $1.4m and spending of $1.1m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $939k to $1.4m (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 115%. 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, Wabasha County Developmental Achievement Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Passaic United Hebrew Burial Association ($1.4m), Pre-Trial Services Corporation of the Monroe County Bar Association ($1.4m) and Minnesota Christian Broadcasters Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.7% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $145k (13% of expenses). Other salaries and wages came to $609k. At year end it held assets of $2.0m against liabilities of $578k, net assets of $1.4m. It reported 20 employees.