Southeastern Climbers Coalition Inc

Analysis

Southeastern Climbers Coalition Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in December 1993, 33 years ago. 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 December 2023, Southeastern Climbers Coalition Inc reported income of $479k and spending of $375k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $211k to $479k (+127%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeastern Climbers Coalition Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Nor-Cal Guides and Sportsmens Association ($479k), Friends of Scicon ($479k) and 914united Inc ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (16% of expenses). Other salaries and wages came to $84k. At year end it held assets of $480k against liabilities of $177k, net assets of $303k. It reported 3 employees.