Sistercare Inc

Analysis

Sistercare Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in January 1982, 44 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 December 2023, Sistercare Inc reported income of $4.0m and spending of $3.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $4.0m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sistercare Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include Vitae Foundation ($4.0m), Friends Boarding Home of Bucks Quarterly Meeting ($4.0m) and Ujima Family Recovery Services ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $113k (2.9% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.2m against liabilities of $359k, net assets of $2.8m. It reported 82 employees.