The Family Development Center Inc

Analysis

The Family Development Center Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Family Development Center Inc reported income of $191k and spending of $211k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $342k to $191k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Family Development Center Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within AR. Charities of a similar size with the same main cause include Santa Claus School ($191k), Madhu Bhasha Kendra ($191k) and New Legacy Charter School Qalicb ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $94k. At year end it held assets of $2,660 against liabilities of $0, net assets of $2,660. It reported 7 employees.