South Carolina Independent School Association Incorporated
Analysis
South Carolina Independent School Association Incorporated is a registered charity in United States, based in Orangeburg, SC. It received its IRS tax-exemption ruling in September 1965, 61 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2024, South Carolina Independent School Association Incorporated reported income of $1.2m and spending of $1.1m, spending 90% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $797k to $1.2m (+51%), an average of +11% a year. The sharpest change came in the year to May 2023, when income rose by 16%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, South Carolina Independent School Association Incorporated sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within SC. Charities of a similar size with the same main cause include Kingdom Vision Legacy Fund ($1.2m), Project Discovery Inc ($1.2m) and McKinney Education Foundation ($1.2m).
On its Form 990 for the period ending May 2024, revenue came from program service revenue 89% of the total. Other salaries and wages came to $539k. At year end it held assets of $1.3m against liabilities of $89k, net assets of $1.2m. It reported 6 employees.
Income and spending
Where the income comes from
- Program services 89%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kingdom Vision Legacy Fund | Prescott | $1.2m |
| Project Discovery Inc | Roanoke | $1.2m |
| McKinney Education Foundation | McKinney | $1.2m |
| Homestead Christian Academy Inc | Homestead | $1.2m |