Is South Carolina Water Quality Association Inc Legit?

The South Carolina Water Quality Association Inc. demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown steady revenue growth, with its latest reported revenue at $322,747 in 2024, up from $149,241 in 2015. Expenses have generally been well-managed, staying below or close to revenue, indicating responsible financial stewardship. The organization consistently reports zero liabilities, which is a significant strength, suggesting a healthy balance sheet and no outstanding debt. Spending efficiency appears high, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that a very high proportion of funds are likely directed towards program services and operational costs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation strongly suggests a lean operational model. Transparency is excellent, with a clear history of 13 IRS 990 filings and consistent reporting of key financial metrics. The organization's ability to maintain zero liabilities over many years further enhances its transparency and trustworthiness. Overall, the financial health appears robust, with a growing asset base (from $111,148 in 2015 to $324,142 in 2024) and efficient use of funds.