Quilters of South Carolina Inc

Analysis

Quilters of South Carolina Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Quilters of South Carolina Inc reported income of $71k and spending of $84k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $71k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Quilters of South Carolina Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 34th percentile within SC. Charities of a similar size with the same main cause include Rta Broadcasting ($71k), Sierra County Historical Society ($71k) and Kansas City Bengali Association ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 86% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.