CSCharityScored
65

Binghampton Development Corporation

Community Development · Memphis, Tennessee

Po Box 111447, Memphis, TN 38111-1447

EIN: 200062075· Founded: Jun 2004· 22 years active· Filing Year: 2023

Annual Revenue

$2.2M

Total Expenses

$1.9M

Total Assets

$14.6M

Program Spending

48%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$81K

4.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$522K

Total Payroll

$603K

32% of total expenses

Where the Money Goes

48%
Programs: 48%
Payroll: 32%
Other overhead: 52%
Program Revenue$903K (42%)
Total Expenses$1.9M (87%)
Payroll$603K (32%)
Overhead (non-program)52%

Trust Score Breakdown

Program Spending Ratio

48% of expenses go to programs

40%

Revenue & Stability

$2.2M annual revenue

15%

Executive Compensation

$81K total officer comp (4.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$14.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.