South Carolina Arts Alliance

Analysis

South Carolina Arts Alliance is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in September 1986, 40 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 June 2024, South Carolina Arts Alliance reported income of $370k and spending of $370k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $130k to $370k (+184%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 112%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Carolina Arts Alliance sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include South Atlantic Cardiovascular Society Inc ($370k), Boy Scouts of America ($370k) and The Arc Livingston an Agency Serving Persons with Developmental ($370k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $212k against liabilities of $1,041, net assets of $211k. It reported 1 employees.