Westminster Presbyterian Center Inc
Analysis
Westminster Presbyterian Center Inc is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in March 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Westminster Presbyterian Center Inc reported income of $13.5m and spending of $12.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.5m to $13.5m (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 84% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Westminster Presbyterian Center 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 96th percentile, and in the 97th percentile within SC. Charities of a similar size with the same main cause include Santa Maria Hostel Inc ($13.5m), Baim Institute for Clinical Research Inc ($13.5m) and Advancing Connecticut Together Inc ($13.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $446k (3.4% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $37.3m against liabilities of $16.7m, net assets of $20.6m. It reported 197 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.6%
- Program services 98%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Santa Maria Hostel Inc | Houston | $13.5m |
| Baim Institute for Clinical Research Inc | Boston | $13.5m |
| Advancing Connecticut Together Inc | Hartford | $13.5m |
| Steuben Churchpeople Against Poverty Inc | Corning | $13.5m |