Greater South Farrow Road Community Development Foundation

Analysis

Greater South Farrow Road Community Development Foundation is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Greater South Farrow Road Community Development Foundation reported income of $107k and spending of $27k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,505 to $107k (+1161%), an average of +1161% a year. The sharpest change came in the year to December 2023, when income rose by 1161%. Over the whole period it spent 41% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater South Farrow Road Community Development Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Plaza Theatre Foundation Inc ($107k), Friends of the Miami-Dade Public Library Inc ($107k) and Huntington Human Services Institute Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $13k, net assets of $69k.