James Island Presbyterian Foundation

Analysis

James Island Presbyterian Foundation is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, James Island Presbyterian Foundation reported income of $1.3m and spending of $953k, leaving 29% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $718k to $1.3m (+87%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, James Island Presbyterian Foundation sits at the 79th percentile: it is larger than about 79% 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 Island Thrift ($1.3m), Twice Is Nice Inc ($1.3m) and Counseling Options & Parent Education Support Center Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Other salaries and wages came to $571k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 44 employees.