Pee Dee Hearing Center

Analysis

Pee Dee Hearing Center is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in June 1972, 54 years ago. 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 June 2023, Pee Dee Hearing Center reported income of $460k and spending of $415k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $394k to $460k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pee Dee Hearing Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within SC. Charities of a similar size with the same main cause include Northrop Grumman Management Club ($460k), Little League Baseball Inc ($460k) and Friends of the Sharon Art Studio ($460k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $84k (20% of expenses). Other salaries and wages came to $183k. At year end it held assets of $171k against liabilities of $60k, net assets of $111k. It reported 12 employees.