Drug Education Council Inc

Analysis

Drug Education Council Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in November 1969, 57 years ago. 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 September 2023, Drug Education Council Inc reported income of $1.1m and spending of $1.2m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.2m to $1.1m (-5.9%), an average of -1.5% a year. The sharpest change came in the year to September 2020, when income dropped by 35%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Drug Education Council Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Mission Centers of Houston ($1.1m), Ashwood Waldorf School ($1.1m) and Sandhills-Moore Coalition for Human Care Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $102k (8.5% of expenses). At year end it held assets of $898k against liabilities of $19k, net assets of $879k. It reported 8 employees.