SGC Relief Fund Inc

Analysis

SGC Relief Fund Inc is a registered charity in United States, based in Beaufort, SC. It received its IRS tax-exemption ruling in September 2020, 6 years ago. 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 2024, SGC Relief Fund Inc reported income of $78k and spending of $28k, leaving 64% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $263k to $78k (-70%), an average of -46% a year. The sharpest change came in the year to June 2023, when income dropped by 66%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, SGC Relief Fund Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 36th percentile within SC. Charities of a similar size with the same main cause include Smyth County Humane Society ($78k), Firefighters Museum and Survive Alive Inc ($78k) and All About Hope ($78k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% of the total. At year end it held assets of $294k against liabilities of $0, net assets of $294k.