The Palmetto School at the Childrens Attention Home

Analysis

The Palmetto School at the Childrens Attention Home is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Palmetto School at the Childrens Attention Home reported income of $864k and spending of $574k, leaving 34% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $715k to $864k (+21%), an average of +3.8% a year. The sharpest change came in the year to June 2024, when income rose by 75%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Palmetto School at the Childrens Attention Home sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within SC. Charities of a similar size with the same main cause include Michigan Integrated Food & Farming Systems ($863k), Brighter Futures Foundation ($864k) and Capital City Fund for Education Inc ($863k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Other salaries and wages came to $378k. At year end it held assets of $558k against liabilities of $1.5m, net assets of -$945k. It reported 15 employees.