Pink Hill Area Preservation and Development Committee

Analysis

Pink Hill Area Preservation and Development Committee is a registered charity in United States, based in Pink Hill, NC. It received its IRS tax-exemption ruling in November 2010, 16 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, Pink Hill Area Preservation and Development Committee reported income of $99k and spending of $112k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $136k to $99k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pink Hill Area Preservation and Development Committee sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Sherry & Tim Houses of Hope Inc ($99k), Aircraft Casualty Emotional Support Services Inc ($99k) and Deaf Planet Soul ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $42k. At year end it held assets of $105k against liabilities of $47k, net assets of $57k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.