Roanoke Developmental Center Inc

Analysis

Roanoke Developmental Center Inc is a registered charity in United States, based in Plymouth, NC. It received its IRS tax-exemption ruling in July 1975, 51 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 2023, Roanoke Developmental Center Inc reported income of $2.7m and spending of $1.7m, leaving 38% of income unspent that year. Across the 6 years on record, from June 2018 to June 2023, income grew from $1.6m to $2.7m (+76%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roanoke Developmental Center Inc 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 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Another Way Inc ($2.7m), Bills Kitchen Inc ($2.7m) and Valley Educational Associates Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 28% of the total. Other salaries and wages came to $997k. At year end it held assets of $1.9m against liabilities of $59k, net assets of $1.8m. It reported 12 employees.