Professional Development Resources Inc

Analysis

Professional Development Resources Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Professional Development Resources Inc reported income of $386k and spending of $411k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $557k to $386k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Professional Development Resources Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Haskell-Org Inc ($386k), Ouiatenon Preserve Inc ($386k) and Fine Arts Network ($386k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $209k. At year end it held assets of $129k against liabilities of $0, net assets of $129k. It reported 3 employees.