Nancys Community Center Inc

Analysis

Nancys Community Center Inc is a registered charity in United States, based in Gaffney, SC. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Nancys Community Center Inc reported income of $424k and spending of $306k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $90k to $424k (+373%), an average of +118% a year. The sharpest change came in the year to December 2022, when income rose by 243%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nancys Community Center Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Lighthouse DC ($424k), Ultimate Care ($424k) and Bold Idea Inc ($424k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (30% of expenses). At year end it held assets of $208k against liabilities of $868, net assets of $207k.