Piedmont Christian Assembly Inc

Analysis

Piedmont Christian Assembly Inc is a registered charity in United States, based in Providence, NC. It received its IRS tax-exemption ruling in September 1975, 51 years ago. 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, Piedmont Christian Assembly Inc reported income of $231k and spending of $214k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $231k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Piedmont Christian Assembly Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Weddington Area Volunteer Fire Protection Association Inc ($231k), South Polk County Volunteer Fire Department and Ace Community Park ($231k) and Tom Williams Worldwide Ministries ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $78k (37% of expenses). Other salaries and wages came to $6,360. At year end it held assets of $544k against liabilities of $2,234, net assets of $541k. It reported 2 employees.