Charleston Moves

Analysis

Charleston Moves is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Moves reported income of $247k and spending of $223k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $247k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Charleston Moves sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within SC. Charities of a similar size with the same main cause include Louisville Third Century Inc ($247k), Oceanview Volunteer Fire Co Inc ($247k) and Fire FC ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (43% of expenses). Other salaries and wages came to $63k. At year end it held assets of $308k against liabilities of $2,787, net assets of $305k. It reported 2 employees.