SC Future Makers

Analysis

SC Future Makers is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in February 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 June 2024, SC Future Makers reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $434k to $1.3m (+200%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 172%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, SC Future Makers sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Beyond Expectations Academy Inc ($1.3m), Promise Christian Academy ($1.3m) and Saint Nicholas Schools ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $953k against liabilities of $452k, net assets of $501k.