Tri-Development Center of Aiken County

Analysis

Tri-Development Center of Aiken County is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in November 1984, 42 years ago. 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, Tri-Development Center of Aiken County reported income of $21.3m and spending of $20.6m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $19.4m to $21.3m (+10%), an average of +1.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri-Development Center of Aiken County sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within SC. Charities of a similar size with the same main cause include NPR Foundation ($21.3m), United States Baseball Federation Inc ($21.4m) and Corning Council for Assistance and Information for the Disabled Inc ($21.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $188k (0.9% of expenses). Other salaries and wages came to $13.4m. At year end it held assets of $13.6m against liabilities of $5.4m, net assets of $8.2m. It reported 591 employees.