Lowcountry Community Action Agency 807 Hampton

Analysis

Lowcountry Community Action Agency 807 Hampton is a registered charity in United States, based in Walterboro, SC. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Lowcountry Community Action Agency 807 Hampton reported income of $7.0m and spending of $7.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $7.0m (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lowcountry Community Action Agency 807 Hampton sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Nine Star Enterprises Inc ($7.0m), Community Development Finance ($7.0m) and Project Management Institute Educational Foundation ($7.0m).

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 $2.9m. At year end it held assets of $2.3m against liabilities of $1.5m, net assets of $815k. It reported 109 employees.