South Carolina Artisans Center

Analysis

South Carolina Artisans Center is a registered charity in United States, based in Walterboro, SC. It received its IRS tax-exemption ruling in January 1994, 32 years ago. 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 June 2023, South Carolina Artisans Center reported income of $208k and spending of $301k, spending 145% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $191k to $208k (+9.2%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 158%. 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, South Carolina Artisans Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 60th percentile within SC. Charities of a similar size with the same main cause include Harry Alan Gregg Foundation ($208k), Bengali Association of Southern California ($208k) and Iglesia Nueva Vida Eagles Nest ($208k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% of the total. Compensation of current officers, directors and key employees was $48k (16% of expenses). Other salaries and wages came to $47k. At year end it held assets of $699k against liabilities of $0, net assets of $699k. It reported 5 employees.