CSCharityScored
31

Business Development Centre Inc

Other · Lynchburg, Virginia

147 Mill Ridge Rd, Lynchburg, VA 24502-4341

EIN: 541598026· Founded: Jan 1993· 33 years active· Filing Year: 2024

Annual Revenue

$310K

Total Expenses

$247K

Total Assets

$1.6M

Program Spending

13%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$72K

29.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$16K

Total Payroll

$88K

36% of total expenses

Where the Money Goes

13%
Programs: 13%
Payroll: 36%
Other overhead: 87%
Program Revenue$32K (10%)
Total Expenses$247K (80%)
Payroll$88K (36%)
Overhead (non-program)87%

Trust Score Breakdown

Program Spending Ratio

13% of expenses go to programs

40%

Revenue & Stability

$310K annual revenue

15%

Executive Compensation

$72K total officer comp (29.1% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$1.6M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.