Benton County Developmental Services Incorporated

Analysis

Benton County Developmental Services Incorporated is a registered charity in United States, based in Camden, TN. It received its IRS tax-exemption ruling in December 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, Benton County Developmental Services Incorporated reported income of $2.5m and spending of $2.7m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.4m to $2.5m (+4.4%), an average of +1.4% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Benton County Developmental Services Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include The Shepherds Table Inc ($2.5m), Monsignor Lafferty Tuition Foundation ($2.5m) and Sunrise Park Housing Development Fund Company Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $126k (4.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.8m against liabilities of $214k, net assets of $3.6m. It reported 60 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.