Delta Research Education and Development Foundation

Analysis

Delta Research Education and Development Foundation is a registered charity in United States, based in West Memphis, AR. It received its IRS tax-exemption ruling in May 1990, 36 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 December 2023, Delta Research Education and Development Foundation reported income of $403k and spending of $131k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $403k (+174%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delta Research Education and Development Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within AR. Charities of a similar size with the same main cause include Scott Community College Foundation ($402k), The Palms Estates of Highland County Inc ($403k) and United States Armor Association ($402k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 29% of the total. Compensation of current officers, directors and key employees was $41k (32% of expenses). Other salaries and wages came to $50k. At year end it held assets of $699k against liabilities of $478k, net assets of $221k.