Center for Occupational Research and Development Inc

Analysis

Center for Occupational Research and Development Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in February 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Center for Occupational Research and Development Inc reported income of $3.4m and spending of $2.7m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.4m (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Occupational Research and Development Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Mayfield Rotary Foundation Inc ($3.4m), Communities in Schools of Appalachian Highlands ($3.4m) and Challenger Basic School Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 85% of the total. Compensation of current officers, directors and key employees was $394k (15% of expenses). Other salaries and wages came to $887k. At year end it held assets of $1.5m against liabilities of $1.3m, net assets of $188k. It reported 19 employees.