Piedmont Regional Trauma System Inc
Analysis
Piedmont Regional Trauma System Inc is a registered charity in United States, based in Winstonsalem, NC. It received its IRS tax-exemption ruling in February 1999, 27 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 June 2023, Piedmont Regional Trauma System Inc reported income of $201k and spending of $224k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $202k to $201k (-0.3%), an average of -0.1% a year. Over the whole period it spent 114% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Piedmont Regional Trauma System Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include 1162 Foundation Inc ($201k), Casa of the Southern Tier Inc ($201k) and Campaign for Children and Families ($201k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $174k against liabilities of $51k, net assets of $123k.
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.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| 1162 Foundation Inc | Sunapee | $201k |
| Casa of the Southern Tier Inc | Corning | $201k |
| Campaign for Children and Families | Sacramento | $201k |
| Mental Health Association Pinecrest Place Inc | Wichita | $201k |