Aid Upstate

Analysis

Aid Upstate is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in March 1988, 38 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 December 2023, Aid Upstate reported income of $10.9m and spending of $11.8m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.8m to $10.9m (+23%), an average of +5.3% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aid Upstate sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within SC. Charities of a similar size with the same main cause include 18 Degrees Inc ($10.9m), Family Assistance Program ($10.9m) and Ohio Association of Community Health Center Inc ($10.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $279k (2.4% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $7.2m against liabilities of $1.9m, net assets of $5.3m. It reported 86 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.