Strom Thurmond Foundation Inc

Analysis

Strom Thurmond Foundation Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in January 1980, 46 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Strom Thurmond Foundation Inc reported income of $76k and spending of $50k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $76k (+108%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 263%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Strom Thurmond Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 36th percentile within SC. Charities of a similar size with the same main cause include Afcea Educational Foundation ($76k), East Brunswick Friends of the Library ($76k) and South Lewis Housing Development Fund Company Inc ($76k).

Other salaries and wages came to $13k. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m. It reported 1 employees.