Pender Adult Services Inc

Analysis

Pender Adult Services Inc is a registered charity in United States, based in Burgaw, NC. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Pender Adult Services Inc reported income of $3.4m and spending of $3.6m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.0m to $3.4m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pender Adult Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Supportone Inc ($3.4m), Area I Agency on Aging ($3.4m) and East Toledo Family Center Inc ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $134k (3.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.5m against liabilities of $322k, net assets of $4.2m. It reported 99 employees.