Good Friends of the Lowcountry

Analysis

Good Friends of the Lowcountry is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Good Friends of the Lowcountry reported income of $242k and spending of $285k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $244k to $242k (-0.9%), an average of -0.9% a year. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Good Friends of the Lowcountry sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within SC. Charities of a similar size with the same main cause include Summit Foundation Inc ($242k), Friends of the Palm Beach Countypublic Library Inc ($242k) and Dubois Area United Way ($242k).

At year end it held assets of $143k against liabilities of $0, net assets of $143k.