SSSM Florence

Analysis

SSSM Florence is a registered charity in United States, based in West Columbia, SC. It received its IRS tax-exemption ruling in March 2015, 11 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 2023, SSSM Florence reported income of $151k and spending of $130k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $202k to $151k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2022, when income rose by 176%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, SSSM Florence 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 47th percentile, and in the 53rd percentile within SC. Charities of a similar size with the same main cause include Umbau Inc ($151k), Washington Association of Agricultural Educators ($151k) and Creative Lives Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $414k against liabilities of $0, net assets of $414k.