Felician Center Inc

Analysis

Felician Center Inc is a registered charity in United States, based in Kingstree, SC. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Felician Center Inc reported income of $307k and spending of $373k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $258k to $307k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Felician Center Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Calhoun Cleburne Childrens Center Inc ($307k), 176 South Eighth Street Apartments Housing Development Fund Corp ($307k) and Gaston Dance Inc ($307k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 3.2% of the total. At year end it held assets of $1.1m against liabilities of $4,320, net assets of $1.1m.

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.