Lowcountry Center for Veterans Research

Analysis

Lowcountry Center for Veterans Research is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lowcountry Center for Veterans Research reported income of $3.1m and spending of $3.0m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $3.1m (+79%), an average of +16% a year. The sharpest change came in the year to September 2022, when income rose by 102%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lowcountry Center for Veterans Research sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include Teen Health Connection ($3.1m), Anson Regional Medical Services Inc ($3.1m) and Cerebal Palsy Associations of New York State Inc ($3.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $144k (4.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.9m against liabilities of $1.4m, net assets of $1.5m. It reported 26 employees.