Developmental Therapy Center Inc

Analysis

Developmental Therapy Center Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in December 1952, 74 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Developmental Therapy Center Inc reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+1.4%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Developmental Therapy Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within WV. Charities of a similar size with the same main cause include Empire Hotel Eharc Inc ($1.6m), Lifeshare Network Inc ($1.6m) and Cerebral Palsy Association of Chester County Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $100k (6.6% of expenses). Other salaries and wages came to $908k. At year end it held assets of $1.2m against liabilities of $341k, net assets of $827k. It reported 42 employees.