South Carolina Episcopal Home at Still Hopes

Analysis

South Carolina Episcopal Home at Still Hopes is a registered charity in United States, based in West Columbia, SC. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, South Carolina Episcopal Home at Still Hopes reported income of $43.0m and spending of $47.1m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $27.4m to $43.0m (+57%), an average of +12% a year. The sharpest change came in the year to September 2022, when income rose by 22%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, South Carolina Episcopal Home at Still Hopes sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within SC. Charities of a similar size with the same main cause include California Pacific Medical Center Foundation ($43.0m), Sociedad Espanola de Auxilio Mutuo Y Beneficencia de Puerto Rico ($43.0m) and Plymouth Harbor Inc ($43.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.1m (2.3% of expenses). Other salaries and wages came to $19.9m. At year end it held assets of $196.1m against liabilities of $199.1m, net assets of -$3.0m. It reported 974 employees.