Laurens County Community Foundation

Analysis

Laurens County Community Foundation is a registered charity in United States, based in Clinton, SC. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Laurens County Community Foundation reported income of $244k and spending of $202k, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $220k to $244k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2021, when income rose by 547%. Over the whole period it spent 61% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Laurens County Community Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within SC. Charities of a similar size with the same main cause include Southwest Members Care Incorporated ($244k), Family Camp Inc ($244k) and Coreys Promise ($244k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $29k. At year end it held assets of $7.2m against liabilities of $2.6m, net assets of $4.7m. It reported 1 employees.