Greater Beaufort-Port Royal Convention and Visitors Bureau

Analysis

Greater Beaufort-Port Royal Convention and Visitors Bureau is a registered charity in United States, based in Beaufort, SC. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Greater Beaufort-Port Royal Convention and Visitors Bureau reported income of $1.4m and spending of $1.3m, spending 91% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.4m (+32%), an average of +9.8% a year. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Beaufort-Port Royal Convention and Visitors Bureau sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Executive Service Corps of Southern California ($1.4m), Urban Guild Inc ($1.4m) and Colorado Fiscal Institute ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $378k. At year end it held assets of $764k against liabilities of $167k, net assets of $598k. It reported 15 employees.