South Carolina Workmens Compensation Educational Associati
Analysis
South Carolina Workmens Compensation Educational Associati is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, South Carolina Workmens Compensation Educational Associati reported income of $424k and spending of $394k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $424k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, South Carolina Workmens Compensation Educational Associati sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Natural Refrigeration Foundation ($424k), Gardiner Library ($424k) and Hamilton Aquatic Club Inc ($424k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $271k against liabilities of $19k, net assets of $251k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Natural Refrigeration Foundation | Alexandria | $424k |
| Gardiner Library | Gardiner | $424k |
| Hamilton Aquatic Club Inc | West Windsor | $424k |
| Walther School Foundation Inc | W Hollywood | $424k |