Greater Spartanburg Ministries Incorporated

Analysis

Greater Spartanburg Ministries Incorporated is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in March 1975, 51 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, Greater Spartanburg Ministries Incorporated reported income of $323k and spending of $292k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $323k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Spartanburg Ministries Incorporated sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include North Santiam Gleaners ($323k), Red Hook Community Center Inc ($323k) and Ride of Your Life ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $101k (35% of expenses). Other salaries and wages came to $29k. At year end it held assets of $462k against liabilities of $4,450, net assets of $458k. It reported 4 employees.