Waccamaw Market Cooperative

Analysis

Waccamaw Market Cooperative is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Waccamaw Market Cooperative reported income of $112k and spending of $112k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $112k (+2.4%), an average of +2.4% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waccamaw Market Cooperative sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Bridge Collective ($112k), Beta Omega Social Services Incorporated ($112k) and Concordia Community Foundation ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 66% of the total. At year end it held assets of $114k against liabilities of $477, net assets of $113k.