Southeastern Childrens Home

Analysis

Southeastern Childrens Home is a registered charity in United States, based in Duncan, SC. It received its IRS tax-exemption ruling in April 1970, 56 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 December 2023, Southeastern Childrens Home reported income of $1.5m and spending of $1.0m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+3.7%), an average of +0.9% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southeastern Childrens Home 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 83rd percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include Lakeshore Food Club ($1.5m), The Bridge House Inc ($1.5m) and Diversity in Health Training Institute ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $135k (13% of expenses). Other salaries and wages came to $328k. At year end it held assets of $9.3m against liabilities of $10k, net assets of $9.3m. It reported 20 employees.