Developing Relationships Through Education and Mentoring Inc

Analysis

Developing Relationships Through Education and Mentoring Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Developing Relationships Through Education and Mentoring Inc reported income of $1.1m and spending of $1.2m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $887k to $1.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Developing Relationships Through Education and Mentoring Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within NE. Charities of a similar size with the same main cause include Mid-Minnesota Womens Center Inc ($1.1m), Child Nutrition Services Inc ($1.1m) and The Baldwin Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $171k (14% of expenses). Other salaries and wages came to $568k. At year end it held assets of $402k against liabilities of $14k, net assets of $388k. It reported 67 employees.