Drug Prevention Resource Center Inc

Analysis

Drug Prevention Resource Center Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in August 1988, 38 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 2023, Drug Prevention Resource Center Inc reported income of $1.3m and spending of $926k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $735k to $1.3m (+72%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Drug Prevention Resource Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Learning Center ($1.3m), Green River Volunteer Fire & Rescue Department Inc ($1.3m) and Buffalo Philharmonic Orchestra Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $150k (16% of expenses). Other salaries and wages came to $287k. At year end it held assets of $1.4m against liabilities of $125k, net assets of $1.2m. It reported 26 employees.