Delaware Business Roundtable Education Committee Inc

Analysis

Delaware Business Roundtable Education Committee Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Delaware Business Roundtable Education Committee Inc reported income of $396k and spending of $118k, leaving 70% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $377k to $396k (+5.1%), an average of +1.7% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Delaware Business Roundtable Education Committee Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 61st percentile within DE. Charities of a similar size with the same main cause include Community Action of Nebraska Inc ($396k), International Narcotics Interdiction Association Inc ($396k) and Montclair Village Association ($396k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $800k against liabilities of $47k, net assets of $752k.