Richland One Middle College at Midlands Technical College

Analysis

Richland One Middle College at Midlands Technical College is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in October 2014, 12 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending June 2023, Richland One Middle College at Midlands Technical College reported income of $1.4m and spending of $1.3m, spending 93% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $992k to $1.4m (+38%), an average of +11% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richland One Middle College at Midlands Technical College sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Listeners Community Radio of Utah Inc Krcl-Fm ($1.4m), Chuckanut Health Foundation ($1.4m) and Northland Lutheran Retirement Community Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $114k (8.9% of expenses). Other salaries and wages came to $597k. At year end it held assets of $1.2m against liabilities of $158k, net assets of $1.0m. It reported 16 employees.