Team Nelson Inc

Analysis

Team Nelson Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in April 2018, 8 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 December 2023, Team Nelson Inc reported income of $103k and spending of $81k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $103k (+4.4%), an average of +4.4% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Team Nelson Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 43rd percentile within SC. Charities of a similar size with the same main cause include Library Foundation of New Hanover County ($103k), Lyceum Scholarship Fund ($103k) and University High School Titan Boosters Club ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.