Spartanburg Juneteenth Inc

Analysis

Spartanburg Juneteenth Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Spartanburg Juneteenth Inc reported income of $149k and spending of $104k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $149k (+155%), an average of +155% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spartanburg Juneteenth Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within SC. Charities of a similar size with the same main cause include Lucas Community Center ($149k), Raquels Wings for Life ($149k) and Georgia Mountain Pregnancy Center ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.