South Carolina Educational Credit for Exceptional Needs Children Fun

Analysis

South Carolina Educational Credit for Exceptional Needs Children Fun is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, South Carolina Educational Credit for Exceptional Needs Children Fun reported income of $3.5m and spending of $3.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.6m to $3.5m (-70%), an average of -26% a year. The sharpest change came in the year to June 2020, when income dropped by 76%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Carolina Educational Credit for Exceptional Needs Children Fun sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include French American School of Princeton ($3.5m), Make Way for Books ($3.5m) and Literacy Connects ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $42k. At year end it held assets of $1.2m against liabilities of $7,078, net assets of $1.2m. It reported 1 employees.