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South Carolina First Steps to School Readiness Board of Trustees

RegisteredEIN 57-1097778Greenwood, SCEducation and training
Income$595k2023-06
Spending$716ksame year
Spent / received102%5-year average
Size in its cause70th pctEducation and training
Exempt since2000Publicly supported organisat
Employees10latest return

Analysis

South Carolina First Steps to School Readiness Board of Trustees is a registered charity in United States, based in Greenwood, SC. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, South Carolina First Steps to School Readiness Board of Trustees reported income of $595k and spending of $716k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $382k to $595k (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Carolina First Steps to School Readiness Board of Trustees sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Celandine Life-Prep Academy Inc ($595k), Pollyanna ($595k) and Babies and Mothers Alive USA ($595k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1,732 (0.2% of expenses). Other salaries and wages came to $204k. At year end it held assets of $152k against liabilities of $94k, net assets of $58k. It reported 10 employees.

Income and spending

$0$179k$358k$537k$716k2019 Income: $381,6402019 Spending: $405,29220192020 Income: $359,8412020 Spending: $337,06420202021 Income: $474,9002021 Spending: $451,93520212022 Income: $546,5722022 Spending: $503,76120222023 Income: $595,1682023 Spending: $715,9302023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Celandine Life-Prep Academy IncMaitland$595k
PollyannaNew York$595k
Babies and Mothers Alive USABrooklyn$595k
The Southern Economic AssociationLubbock$595k