SC Vocations & Individual Advancement

Analysis

SC Vocations & Individual Advancement is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover employment, 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 June 2023, SC Vocations & Individual Advancement reported income of $2.4m and spending of $1.8m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.4m (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, SC Vocations & Individual Advancement sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within SC. Charities of a similar size with the same main cause include Kiwanis Club of Ann Arbor ($2.4m), Border TM Industries Inc ($2.4m) and Kentucky Chamber Foundation Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $3.3m against liabilities of $485k, net assets of $2.8m. It reported 56 employees.