Young Scientists of SC

Analysis

Young Scientists of SC is a registered charity in United States, based in Walterboro, SC. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Young Scientists of SC reported income of $303k and spending of $269k, spending 89% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $55k to $303k (+455%), an average of +136% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Scientists of SC sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within SC. Charities of a similar size with the same main cause include South Central Educational Development ($302k), Bismack Biyombo Foundation Inc ($303k) and Boys & Girls Club of Redding Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.