Huguenot Society of South Carolina

Analysis

Huguenot Society of South Carolina is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Huguenot Society of South Carolina reported income of $502k and spending of $386k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $502k (+113%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 630%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Huguenot Society of South Carolina sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within SC. Charities of a similar size with the same main cause include Emmaus Mission Center ($502k), David George World Ministries Inc ($502k) and Cadre International ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $72k (19% of expenses). At year end it held assets of $3.1m against liabilities of $1,875, net assets of $3.1m. It reported 8 employees.