Big Lakes Developmental Center Inc

Analysis

Big Lakes Developmental Center Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Big Lakes Developmental Center Inc reported income of $11.3m and spending of $11.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.8m to $11.3m (+16%), an average of +3.8% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Big Lakes Developmental Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KS. Charities of a similar size with the same main cause include Hospice of Humboldt ($11.3m), Vantage Aging ($11.4m) and Camelot Society Inc ($11.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $475k (4.0% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $9.2m against liabilities of $1.4m, net assets of $7.8m. It reported 371 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.