South Atlantic Cardiovascular Society Inc
Analysis
South Atlantic Cardiovascular Society Inc is a registered charity in United States, based in Richmond Hill, GA. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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 December 2023, South Atlantic Cardiovascular Society Inc reported income of $370k and spending of $407k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $283k to $370k (+31%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 95% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Atlantic Cardiovascular Society Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include The Arc Livingston an Agency Serving Persons with Developmental ($370k), South Carolina Arts Alliance ($370k) and Indiana Association for Career and Technical Education Inc ($370k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 83%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Arc Livingston an Agency Serving Persons with Developmental | Brighton | $370k |
| South Carolina Arts Alliance | Spartanburg | $370k |
| Indiana Association for Career and Technical Education Inc | Indianapolis | $370k |
| Boy Scouts of America | Lubbock | $370k |