South Carolina Music Educators Association

Analysis

South Carolina Music Educators Association is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in September 2009, 17 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 June 2024, South Carolina Music Educators Association reported income of $1.3m and spending of $1.2m, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.3m (+24%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 173%. 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 Music Educators Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Compass Collegiate Academy ($1.3m), Academic Institute of Central Carolina Inc ($1.3m) and Classical Preparatory VPK ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Other salaries and wages came to $27k. At year end it held assets of $813k against liabilities of $1,120, net assets of $812k.