University South Caroliniana Society

Analysis

University South Caroliniana Society is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in April 1953, 73 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, University South Caroliniana Society reported income of $148k and spending of $113k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $122k to $148k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University South Caroliniana Society sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within SC. Charities of a similar size with the same main cause include Little League Baseball Inc ($148k), Maximum Freedom Inc ($148k) and Artus Co ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.