South Carolina Association of Student Councils

Analysis

South Carolina Association of Student Councils is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, South Carolina Association of Student Councils reported income of $77k and spending of $90k, spending 117% of what it took in. Across the 2 years on record, from February 2023 to February 2024, income fell from $113k to $77k (-32%), an average of -32% a year. The sharpest change came in the year to February 2024, when income dropped by 32%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Carolina Association of Student Councils sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 36th percentile within SC. Charities of a similar size with the same main cause include Logos Tutoring Program ($77k), Robotics Education Assistance Program Incorporated ($77k) and California Planners Foundation ($77k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 4.3% and program service revenue 95% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.