Career Development Incorporated

Analysis

Career Development Incorporated is a registered charity in United States, based in Taylor, AZ. It received its IRS tax-exemption ruling in August 1992, 34 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, Career Development Incorporated reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $716k to $1.1m (+57%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Career Development Incorporated 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 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Rufty-Holmes Senior Center ($1.1m), Loudoun County Volunteer Rescue Squad Inc ($1.1m) and Lillie Rice Center ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $167k (15% of expenses). Other salaries and wages came to $451k. At year end it held assets of $614k against liabilities of $97k, net assets of $516k. It reported 24 employees.