South Carolina Rural Water Association

Analysis

South Carolina Rural Water Association is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in July 1977, 49 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2022, South Carolina Rural Water Association reported income of $2.7m and spending of $2.6m, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.9m to $2.7m (+48%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, South Carolina Rural Water Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Squam Lakes Association ($2.7m), Iclei Local Governments for Sustainability USA Inc ($2.7m) and Coonamessett Farm Foundation Inc ($2.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $84k (3.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.5m against liabilities of $489k, net assets of $1.0m. It reported 22 employees.