Pee Dee Academy

Analysis

Pee Dee Academy is a registered charity in United States, based in Mullins, SC. It received its IRS tax-exemption ruling in September 1965, 61 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pee Dee Academy reported income of $2.9m and spending of $2.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.9m (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pee Dee Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Cottage Childrens Center Inc ($2.9m), Physicians Careconnection ($2.9m) and Museo de Arte Contemporaneo de Puerto Rico Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 87% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $2.5m against liabilities of $721k, net assets of $1.8m. It reported 70 employees.