James Developmental Center Inc

Analysis

James Developmental Center Inc is a registered charity in United States, based in Waverly, TN. It received its IRS tax-exemption ruling in May 1975, 51 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, James Developmental Center Inc reported income of $2.0m and spending of $2.0m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $2.0m (+95%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James Developmental Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within TN. Charities of a similar size with the same main cause include Kaiser Home Support Services Inc ($2.0m), Westmoreland Sanctuary Inc ($2.0m) and Newberry Academy ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $71k (3.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.8m against liabilities of $101k, net assets of $2.7m. It reported 51 employees.