Beaufort County Developmental Center Inc

Analysis

Beaufort County Developmental Center Inc is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in June 1976, 50 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, Beaufort County Developmental Center Inc reported income of $4.3m and spending of $3.3m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $4.3m (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beaufort County Developmental Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Community Harvest Project Inc ($4.3m), Stater Bros Charities ($4.3m) and Hubbard Care Center Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $3.7m against liabilities of $227k, net assets of $3.5m. It reported 95 employees.