Wateree Community Actions Inc

Analysis

Wateree Community Actions Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Wateree Community Actions Inc reported income of $25.1m and spending of $24.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.1m to $25.1m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wateree Community Actions Inc 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 98th percentile, and in the 98th percentile within SC. Charities of a similar size with the same main cause include Multi-Service Center ($25.1m), Bayley Senior Care ($25.1m) and Catholic Charities Archdiocese of New Orleans ($25.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $7.8m. At year end it held assets of $13.3m against liabilities of $8.6m, net assets of $4.7m. It reported 102 employees.