Delancey Street South Carolina

Analysis

Delancey Street South Carolina is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Delancey Street South Carolina reported income of $971k and spending of $814k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $971k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Delancey Street South Carolina sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within SC. Charities of a similar size with the same main cause include Progressnow Colorado Education ($969k), Transition II Inc ($971k) and MBL Foundation Inc ($969k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 53% of the total. At year end it held assets of $1.3m against liabilities of $19k, net assets of $1.3m.