South Carolina Bar Foundation Inc

Analysis

South Carolina Bar Foundation Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in June 1972, 54 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, South Carolina Bar Foundation Inc reported income of $9.1m and spending of $3.1m, leaving 66% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $9.1m (+288%), an average of +40% a year. The sharpest change came in the year to June 2022, when income rose by 212%. Over the whole period it spent 59% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, South Carolina Bar Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Frank H Hiscock Legal Aid Society ($9.0m), Second Amendment Foundation ($9.1m) and North Penn Legal Services Inc ($9.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $81k (2.6% of expenses). Other salaries and wages came to $85k. At year end it held assets of $27.6m against liabilities of $262k, net assets of $27.4m. It reported 5 employees.