Pendleton Place Inc

Analysis

Pendleton Place Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in December 1975, 51 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 June 2023, Pendleton Place Inc reported income of $2.6m and spending of $2.8m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.6m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pendleton Place Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Central Florida Urban League Inc ($2.6m), Childrens Assistive Technology Service ($2.6m) and Brazoria County Association for Childrens Habilitation ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $85k (3.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.5m against liabilities of $956k, net assets of $2.6m. It reported 67 employees.