Foundation for a Greater Greenwood County Inc

Analysis

Foundation for a Greater Greenwood County Inc is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Foundation for a Greater Greenwood County Inc reported income of $131k and spending of $124k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $155k to $131k (-15%), an average of -4.1% a year. The sharpest change came in the year to June 2021, when income rose by 901%. Over the whole period it spent 42% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation for a Greater Greenwood County Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include The Alex Fund Inc ($131k), Friends of Talmudic Studies Inc ($131k) and Believe 271 Foundation Inc ($131k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $53k (43% of expenses). Other salaries and wages came to $6,847. At year end it held assets of $844k against liabilities of $0, net assets of $844k. It reported 1 employees.