South Carolina Afterschool Alliance

Analysis

South Carolina Afterschool Alliance is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in August 2003, 23 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 2022, South Carolina Afterschool Alliance reported income of $5.0m and spending of $4.1m, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $365k to $5.0m (+1272%), an average of +139% a year. The sharpest change came in the year to December 2022, when income rose by 3689%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Carolina Afterschool Alliance sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include Pikes Peak School of Expeditionary Learning ($5.0m), Alliance for Education ($5.0m) and Challenge Foundation Inc ($5.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $123k (3.0% of expenses). Other salaries and wages came to $165k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 5 employees.