New Directions Ofhorry County

Analysis

New Directions Ofhorry County is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, New Directions Ofhorry County reported income of $1.6m and spending of $1.3m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.6m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Directions Ofhorry County sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Juvenile Transition Center Inc ($1.6m), More Than a Bed ($1.6m) and Disability Resource Center ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $101k (7.8% of expenses). Other salaries and wages came to $558k. At year end it held assets of $4.3m against liabilities of $939k, net assets of $3.3m. It reported 26 employees.