Polk County Developmental Center Inc

Analysis

Polk County Developmental Center Inc is a registered charity in United States, based in Mena, AR. It received its IRS tax-exemption ruling in July 1987, 39 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, Polk County Developmental Center Inc reported income of $2.9m and spending of $2.8m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $2.9m (+12%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Polk County Developmental Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within AR. Charities of a similar size with the same main cause include Cristo Rey Jesuit Corporate Work Study Program Inc ($2.9m), Southeastern Massachusetts Ser-Jobs for Progress Inc ($2.9m) and Developmental Disabilities Service Organization ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $2.9m against liabilities of $353k, net assets of $2.5m. It reported 139 employees.