Buist Academy Foundation

Analysis

Buist Academy Foundation is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in April 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 June 2024, Buist Academy Foundation reported income of $86k and spending of $83k, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $24k to $86k (+254%), an average of +88% a year. The sharpest change came in the year to June 2023, when income rose by 256%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Buist Academy Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 39th percentile within SC. Charities of a similar size with the same main cause include Wee Pals Preschool Inc ($86k), Grassfield Orchestra Parents Association ($86k) and One Child ($86k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 21% of the total. At year end it held assets of $453k against liabilities of $0, net assets of $453k.