Charleston Good Inc

Analysis

Charleston Good Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Charleston Good Inc reported income of $283k and spending of $206k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $283k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Charleston Good Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within SC. Charities of a similar size with the same main cause include Waterworks Visual Art Center Inc ($283k), McCord House NFP ($283k) and Reno Dance Company Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $49k. At year end it held assets of $220k against liabilities of $0, net assets of $220k. It reported 2 employees.