South Carolina Christian Foundation

Analysis

South Carolina Christian Foundation is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Carolina Christian Foundation reported income of $17.0m and spending of $12.3m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $20.6m to $17.0m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, South Carolina Christian Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within SC. Charities of a similar size with the same main cause include Lake Junaluska Assembly Inc ($16.9m), Agate Housing and Services Inc ($17.1m) and Lifeline Childrens Services Inc ($16.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $124k (1.0% of expenses). Other salaries and wages came to $401k. At year end it held assets of $42.9m against liabilities of $412k, net assets of $42.5m. It reported 11 employees.