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Salem Pregnancy Support Inc

RegisteredEIN 56-1449033Winston Salem, NCPoverty relief
Income$938k2023-12
Spending$877ksame year
Spent / received64%5-year average
Size in its cause74th pctPoverty relief
Exempt since1985Publicly supported organisat
Employees14latest return

Analysis

Salem Pregnancy Support Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in August 1985, 41 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, Salem Pregnancy Support Inc reported income of $938k and spending of $877k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $380k to $938k (+147%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 183%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salem Pregnancy Support Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Society of St Vincent de Paul Rapid City Diocese District Council ($937k), Explore Bike Share Inc ($938k) and St Marks Preschool Kidzone Inc ($937k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $77k (8.8% of expenses). Other salaries and wages came to $384k. It paid $16k in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $20k, net assets of $2.1m. It reported 14 employees.

Income and spending

$0$416k$832k$1.2m$1.7m2019 Income: $379,5402019 Spending: $325,84120192020 Income: $452,8772020 Spending: $369,66120202021 Income: $1,283,0602021 Spending: $554,97920212022 Income: $1,663,1322022 Spending: $894,95720222023 Income: $937,5922023 Spending: $876,5942023
IncomeSpending

Where the income comes from

  • Contributions & grants 76%
  • Other 24%

Similar-sized charities, same cause

CharityLocationIncome
Society of St Vincent de Paul Rapid City Diocese District CouncilSpearfish$937k
Explore Bike Share IncMemphis$938k
St Marks Preschool Kidzone IncLincoln$937k
PCS Family Services IncPomona$938k