Anglican Diocese of South Carolina Development Fund

Analysis

Anglican Diocese of South Carolina Development Fund is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Anglican Diocese of South Carolina Development Fund reported income of $376k and spending of $96k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $324k to $376k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 30% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Anglican Diocese of South Carolina Development Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include Mission to Missionaries ($376k), Mendenhall Ministries Inc ($376k) and Roadrunner World Missions Inc ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $486k against liabilities of $0, net assets of $486k.