East Cooper Home Store Inc

Analysis

East Cooper Home Store Inc is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, East Cooper Home Store Inc reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $885k to $1.6m (+78%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East Cooper Home Store Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Community Alternatives Management Group Incorporated ($1.6m), Mosaic Community Development ($1.6m) and Young Womens Christian Association of Metropolitan Detroit ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $674k. At year end it held assets of $799k against liabilities of $402k, net assets of $397k. It reported 18 employees.