Hibernian Society of Charleston Foundation Inc

Analysis

Hibernian Society of Charleston Foundation Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in September 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, Hibernian Society of Charleston Foundation Inc reported income of $159k and spending of $95k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $188k to $159k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hibernian Society of Charleston Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within SC. Charities of a similar size with the same main cause include Rising Sun Wellness Center Inc ($159k), Sarasota Tiger Bay Club Inc ($159k) and Herring College Memorial Educational Trust ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.