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Mid-Carolina Area Health Education Consortium Inc

RegisteredEIN 57-0650682Lancaster, SCOther charitable purposes
Income$1.5m2024-06
Spending$1.4msame year
Spent / received88%5-year average
Size in its cause82nd pctOther charitable purposes
Exempt since1977Publicly supported organisat
Employees10latest return

Analysis

Mid-Carolina Area Health Education Consortium Inc is a registered charity in United States, based in Lancaster, SC. It received its IRS tax-exemption ruling in December 1977, 49 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 2024, Mid-Carolina Area Health Education Consortium Inc reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.7m to $1.5m (-6.8%), an average of -1.7% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-Carolina Area Health Education Consortium Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include Solid Rock Inc ($1.5m), Crossroads Nursery School ($1.6m) and Kundalini Research Institute ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $185k (13% of expenses). Other salaries and wages came to $431k. At year end it held assets of $3.9m against liabilities of $166k, net assets of $3.7m. It reported 10 employees.

Income and spending

$0$416k$831k$1.2m$1.7m2020 Income: $1,662,7252020 Spending: $1,482,01620202021 Income: $1,374,1282021 Spending: $1,099,08320212022 Income: $1,264,6832022 Spending: $1,099,52920222023 Income: $1,462,4412023 Spending: $1,343,77020232024 Income: $1,549,8642024 Spending: $1,428,8392024
IncomeSpending

Where the income comes from

  • Contributions & grants 84%
  • Program services 12%
  • Other 4.4%

Similar-sized charities, same cause

CharityLocationIncome
Solid Rock IncEastland$1.5m
Crossroads Nursery SchoolPrinceton$1.6m
Kundalini Research InstituteSanta Cruz$1.5m
Utah Independent Living Center IncS Salt Lake$1.6m