Sustaining Way

Analysis

Sustaining Way is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover community improvement and capacity building, 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 December 2023, Sustaining Way reported income of $699k and spending of $631k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $261k to $699k (+168%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sustaining Way sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within SC. Charities of a similar size with the same main cause include Live Love ($699k), Pennsylvania State Association of County Fairs ($699k) and Invest for Better Inc ($699k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $79k (12% of expenses). Other salaries and wages came to $90k. At year end it held assets of $475k against liabilities of $72k, net assets of $403k. It reported 4 employees.