Easter Seal Society of South Carolina Inc

Analysis

Easter Seal Society of South Carolina Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in February 1980, 46 years ago. 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 June 2024, Easter Seal Society of South Carolina Inc reported income of $3.7m and spending of $4.0m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $4.5m to $3.7m (-18%), an average of -5.0% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Easter Seal Society of South Carolina Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include Boys and Girls Club of McAllen Inc ($3.7m), Dixon Old Peoples Home Fund ($3.7m) and Illinois Alcohol & Other Drug Abuse Professional Cert Association Inc ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $545k (14% of expenses). At year end it held assets of $3.2m against liabilities of $318k, net assets of $2.9m. It reported 106 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.