South Carolina Manufacturing Extension Partnership

Analysis

South Carolina Manufacturing Extension Partnership is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in April 1998, 28 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 2024, South Carolina Manufacturing Extension Partnership reported income of $9.9m and spending of $9.8m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.6m to $9.9m (+31%), an average of +6.9% a year. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Carolina Manufacturing Extension Partnership 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 96th percentile within SC. Charities of a similar size with the same main cause include Templo Calvario Community Development Corporation ($9.9m), Community Coalition for Substance Abuse Prevention & Treatment ($9.9m) and Telegraph Hill Neighborhood Association ($9.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $573k (5.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $5.8m against liabilities of $1.8m, net assets of $4.1m. It reported 25 employees.