Prime Community Development Corporation

Analysis

Prime Community Development Corporation is a registered charity in United States, based in Georgetown, SC. It received its IRS tax-exemption ruling in June 2014, 12 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, Prime Community Development Corporation reported income of $83k and spending of $80k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $83k (+0.8%), an average of +0.8% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prime Community Development Corporation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 38th percentile within SC. Charities of a similar size with the same main cause include Pathway Forward Inc ($83k), Out of the Dark Inc ($83k) and Christian Homeless Shelter of London ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 90% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.