East Range Developmental Achievement Center

Analysis

East Range Developmental Achievement Center is a registered charity in United States, based in Eveleth, MN. It received its IRS tax-exemption ruling in July 1966, 60 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, East Range Developmental Achievement Center reported income of $2.3m and spending of $2.0m, spending 89% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $1.7m to $2.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Range Developmental Achievement Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Our Katahdin ($2.3m), Outreach Community Care Network Inc ($2.3m) and Downtown Dayton Partnership Corp ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $104k (5.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.6m against liabilities of $180k, net assets of $2.4m. It reported 125 employees.