Richland East Inc

Analysis

Richland East Inc is a registered charity in United States, based in West Columbia, SC. It received its IRS tax-exemption ruling in April 1979, 47 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2024, Richland East Inc reported income of $204k and spending of $183k, spending 89% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $192k to $204k (+6.2%), an average of +2.0% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richland East Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 60th percentile within SC. Charities of a similar size with the same main cause include Honeybee Tennessee ($204k), Christian Evangelistic Mission Inc ($204k) and Variety the Childrens Charity of Illinois ($204k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 29% of the total. Other salaries and wages came to $24k. At year end it held assets of $478k against liabilities of $201k, net assets of $277k.