Piedmont Community Actions Inc

Analysis

Piedmont Community Actions Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in March 1966, 60 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, Piedmont Community Actions Inc reported income of $7.8m and spending of $7.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $7.8m (+6.3%), an average of +1.5% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Piedmont Community Actions Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Cedar Ridge Childrens Home and School Inc ($7.8m), Levite Jewish Community Center ($7.8m) and Society of St Vincent de Paul of Waukesha County Inc ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $131k (1.7% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $1.4m against liabilities of $426k, net assets of $964k. It reported 150 employees.