Society of Mayflower Descendants Inthe State of South Carolina Inc

Analysis

Society of Mayflower Descendants Inthe State of South Carolina Inc is a registered charity in United States, based in Cullowhee, NC. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Society of Mayflower Descendants Inthe State of South Carolina Inc reported income of $69k and spending of $59k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $69k (-2.0%), an average of -2.0% a year. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society of Mayflower Descendants Inthe State of South Carolina Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Astor Street Opry Company ($69k), American Friends of Wigmore Hall Inc ($69k) and Bedford Heritage Trust ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 8.9% of the total. At year end it held assets of $295k against liabilities of $0, net assets of $295k.