Charleston Electrical Contractors Association Inc

Analysis

Charleston Electrical Contractors Association Inc is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Charleston Electrical Contractors Association Inc reported income of $291k and spending of $288k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $332k to $291k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charleston Electrical Contractors Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within SC. Charities of a similar size with the same main cause include Niman Ranch Next Generation Foundation ($291k), Ntra Charities Inc ($291k) and Fresh Start Developmental Learning and Fine Arts Center ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 72% of the total. At year end it held assets of $715k against liabilities of $165k, net assets of $550k.