Investsc Inc

Analysis

Investsc Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Investsc Inc reported income of $106k and spending of $686k, spending 648% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.4m to $106k (-99%), an average of -66% a year. The sharpest change came in the year to December 2021, when income rose by 15259%. Over the whole period it spent 27% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Investsc Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Road 2 Recovery Foundation ($106k), Association of Student Assistance Professionals of New Jersey Inc ($106k) and Monadnock Institute for Community Advancement and Sustainability ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1012% of the total. Compensation of current officers, directors and key employees was $42k (6.1% of expenses). At year end it held assets of $10.7m against liabilities of $3.6m, net assets of $7.1m. It reported 1 employees.