SC School for the Deaf and the Blind Foundation Inc

Analysis

SC School for the Deaf and the Blind Foundation Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in January 1980, 46 years ago. 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, SC School for the Deaf and the Blind Foundation Inc reported income of $740k and spending of $1.1m, spending 143% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $502k to $740k (+47%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, SC School for the Deaf and the Blind Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within SC. Charities of a similar size with the same main cause include Nikki Mitchell Foundation Inc ($740k), Fort Worth Colonial Charities Inc ($740k) and Brackett After School Program Inc C/O Thea Galeno ($740k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $121k (11% of expenses). Other salaries and wages came to $152k. At year end it held assets of $3.1m against liabilities of $35k, net assets of $3.0m.