South Carolina Library Association

Analysis

South Carolina Library Association is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in September 1979, 47 years ago. 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, South Carolina Library Association reported income of $75k and spending of $79k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $75k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Carolina Library Association sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within SC. Charities of a similar size with the same main cause include Ripley Band Boosters Inc ($75k), Scataglini Ministries ($75k) and Wings Wildlife Rehabilitation Center ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 78% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.