Pee Dee Medical & Health Sciences Education Consortium

Analysis

Pee Dee Medical & Health Sciences Education Consortium is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Pee Dee Medical & Health Sciences Education Consortium reported income of $14.6m and spending of $1.7m, leaving 88% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $10.0m to $14.6m (+46%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 140527%. Over the whole period it spent 12% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pee Dee Medical & Health Sciences Education Consortium sits at the 95th percentile: it is larger than about 95% 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 The Friends of King School ($14.6m), Asheville Christian Academy Inc ($14.6m) and Patriot Preparatory Academy ($14.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $251k (15% of expenses). At year end it held assets of $22.9m against liabilities of $134k, net assets of $22.8m.