Patrick County Developmental Center

Analysis

Patrick County Developmental Center is a registered charity in United States, based in Stuart, VA. It received its IRS tax-exemption ruling in December 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Patrick County Developmental Center reported income of $115k and spending of $125k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $143k to $115k (-20%), an average of -5.3% a year. The sharpest change came in the year to June 2023, when income rose by 119%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Patrick County Developmental Center sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include Gods Storehouse of Vidalia Inc ($115k), Friends of the Senior Center Monroe Township Inc ($115k) and Pathway of Hope ($115k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $36k (29% of expenses). Other salaries and wages came to $54k. At year end it held assets of $122k against liabilities of $1,866, net assets of $121k. It reported 4 employees.