South Carolina Restaurant and Lodging Foundation

Analysis

South Carolina Restaurant and Lodging Foundation is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in February 2002, 24 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, South Carolina Restaurant and Lodging Foundation reported income of $330k and spending of $322k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $330k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 223%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Carolina Restaurant and Lodging Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include Calvin College Alumni Association ($330k), American Trust for the British Lbry ($330k) and Play Like a Girl ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 67% of the total. At year end it held assets of $344k against liabilities of $2,358, net assets of $342k.