Care House of the Pee Dee Inc

Analysis

Care House of the Pee Dee Inc is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Care House of the Pee Dee Inc reported income of $1.6m and spending of $1.1m, leaving 30% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $690k to $1.6m (+127%), an average of +23% a year. The sharpest change came in the year to September 2023, when income rose by 51%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Care House of the Pee Dee Inc 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 Careerspring Foundation ($1.6m), University Christian Ministries Inc ($1.6m) and Amelia Educational Foundation ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $126k (12% of expenses). Other salaries and wages came to $562k. At year end it held assets of $1.4m against liabilities of $214k, net assets of $1.2m.