Lake Wylie Childrens Charity

Analysis

Lake Wylie Childrens Charity is a registered charity in United States, based in Clover, SC. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lake Wylie Childrens Charity reported income of $135k and spending of $114k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $190k to $135k (-29%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lake Wylie Childrens Charity sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Brazoswood Band Booster Club Inc ($134k), Robert J Levenson Family Supporting Foundation ($135k) and Vad Foundation ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $361k against liabilities of $0, net assets of $361k.