Lee and Sumter County Alliance

Analysis

Lee and Sumter County Alliance is a registered charity in United States, based in Sumter, SC. It received its IRS tax-exemption ruling in August 2016, 10 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 June 2023, Lee and Sumter County Alliance reported income of $615k and spending of $736k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $826k to $615k (-26%), an average of -7.1% a year. The sharpest change came in the year to June 2022, when income rose by 131%. Over the whole period it spent 49% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lee and Sumter County Alliance sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Displaced Homemakers Center of Tompkins County Inc ($614k), Wrap Inc ($615k) and Wisconsin Chinese Chamber of Commerce ($614k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.