Richland School District Two Foundation

Analysis

Richland School District Two Foundation is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in January 2001, 25 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 December 2023, Richland School District Two Foundation reported income of $96k and spending of $199k, spending 207% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $296k to $96k (-68%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 296%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Richland School District Two Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 41st percentile within SC. Charities of a similar size with the same main cause include H U Lee Memorial Foundation ($96k), Dudley Square Realty Corporation ($96k) and Vitamin C International Consortium Institute Inc ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $12k (6.0% of expenses). At year end it held assets of $264k against liabilities of $0, net assets of $264k.