South Carolina School Boards Association
Analysis
South Carolina School Boards Association is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in June 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, South Carolina School Boards Association reported income of $6.4m and spending of $6.1m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.8m to $6.4m (+9.7%), an average of +2.3% a year. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, South Carolina School Boards Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within SC. Charities of a similar size with the same main cause include Third Stone ($6.4m), Citizens Leadership Academy ($6.4m) and Henry Johnson Charter School ($6.4m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $195k (3.2% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $10.2m against liabilities of $3.3m, net assets of $7.0m. It reported 40 employees.
Income and spending
Where the income comes from
- Contributions & grants 28%
- Program services 66%
- Other 6.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Third Stone | Seattle | $6.4m |
| Citizens Leadership Academy | Cleveland | $6.4m |
| Henry Johnson Charter School | Albany | $6.4m |
| Institute of American Indian Arts Trust | Santa Fe | $6.4m |