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South Carolina School Boards Association

RegisteredEIN 57-6005954Columbia, SCEducation and training
Income$6.4m2024-06
Spending$6.1msame year
Spent / received96%5-year average
Size in its cause91st pctEducation and training
Exempt since1963Publicly supported organisat
Employees40latest return

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

$0$1.6m$3.2m$4.8m$6.4m2020 Income: $5,813,3072020 Spending: $6,003,65320202021 Income: $5,745,7392021 Spending: $5,199,16020212022 Income: $5,481,4952022 Spending: $5,095,89520222023 Income: $5,881,1612023 Spending: $5,621,34920232024 Income: $6,375,9352024 Spending: $6,127,1922024
IncomeSpending

Where the income comes from

  • Contributions & grants 28%
  • Program services 66%
  • Other 6.3%

Similar-sized charities, same cause

CharityLocationIncome
Third StoneSeattle$6.4m
Citizens Leadership AcademyCleveland$6.4m
Henry Johnson Charter SchoolAlbany$6.4m
Institute of American Indian Arts TrustSanta Fe$6.4m