South Atlantic Conference

Analysis

South Atlantic Conference is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, South Atlantic Conference reported income of $2.6m and spending of $2.8m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.0m to $2.6m (+34%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Atlantic Conference sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Middle Tyger Community Center ($2.6m), Quicksilver Swimming ($2.6m) and Empire United Soccer Academy Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $185k (6.6% of expenses). Other salaries and wages came to $194k. At year end it held assets of $767k against liabilities of $51k, net assets of $716k. It reported 9 employees.