Colleton Center
Colleton Center faces declining revenue and consistent operating deficits despite substantial assets and volunteer leadership.
EIN: 204536007 · Walterboro, SC · NTEE: A50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $35K |
| Total Expenses | $51K |
| Program Spending | 80% |
| Net Assets | $430K |
| Transparency Score | 65/100 |
Is Colleton Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colleton Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Colleton Center
Colleton Center (EIN: 204536007) is a nonprofit organization based in Walterboro, SC, classified under NTEE code A50. The organization reported total revenue of $35K and total assets of $430K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colleton Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colleton Center is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -11.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $51K |
| Surplus / Deficit | $-21,018 |
| Total Assets | $430K |
| Net Assets | $430K |
| Operating Margin | -69.2% |
| Months of Reserves | 100.3 months |
Financial Health Grade: B
In 2020, Colleton Center reported a deficit of $21K with expenses exceeding revenue, holds 100.3 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Colleton Center's revenue has declined at a compound annual growth rate (CAGR) of -11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -70.0% | -62.3% | -7.5% |
| 2019 | +79.9% | +59.9% | -7.1% |
| 2018 | -4.2% | +24.8% | -5.4% |
| 2017 | -4.3% | +5.2% | -1.7% |
| 2016 | -13.5% | -12.9% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Colleton Center with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Colleton Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is highly efficient for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Colleton Center's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue in 9 out of 10 periods)
- Significant decline in revenue from $101,321 in 2019 to $30,390 in 2020
- Reliance on existing assets to cover deficits, potentially eroding long-term financial stability
Strengths
The following positive indicators were identified for Colleton Center:
- Excellent transparency with 10 years of IRS 990 filings
- Zero officer compensation, indicating volunteer leadership and efficient use of funds
- Very low to zero liabilities, demonstrating strong debt management
- Substantial assets ($429,899 in 2020) providing a financial cushion
Frequently Asked Questions about Colleton Center
Is Colleton Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Colleton Center (EIN: 204536007) some concerns. Mission Score: 65/100. 3 red flags identified, 4 strengths noted.
How does Colleton Center spend its money?
Colleton Center directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Colleton Center tax-deductible?
Colleton Center is registered as a tax-exempt nonprofit (EIN: 204536007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Colleton Center's spending goes to programs?
Colleton Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Colleton Center compare to similar nonprofits?
With a transparency score of 65/100 (Good), Colleton Center is above average for NTEE category A50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Colleton Center located?
Colleton Center is headquartered in Walterboro, South Carolina and files with the IRS under EIN 204536007. It is classified under NTEE code A50.
How many years of IRS 990 filings does Colleton Center have?
Colleton Center has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $35K in total revenue.
Is Colleton Center a good charity?
Colleton Center exhibits strengths in transparency and efficient use of funds by not paying officer compensation. However, its financial sustainability is a concern due to declining revenue and consistent operating deficits, with expenses exceeding revenue in 9 out of 10 reported periods. While it has substantial assets, the trend of spending more than it earns needs to be addressed for it to be considered a consistently 'good' charity.
What is the trend in Colleton Center's revenue?
Colleton Center's revenue has shown a significant downward trend in recent years, dropping from $101,321 in 2019 to $30,390 in 2020. This represents a substantial decrease and is a key factor in its current financial challenges.
How does Colleton Center manage its liabilities?
Colleton Center manages its liabilities very well, consistently reporting low or zero liabilities. In 2020, liabilities were $0, indicating a strong position regarding debt management.
Does Colleton Center pay its officers?
No, Colleton Center has reported 0% officer compensation across all 10 available IRS 990 filings, suggesting a volunteer-led executive team.
Filing History
IRS 990 filing history for Colleton Center showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Colleton Center's revenue has declined by 66.9%, moving from $92K to $30K. Total assets decreased by 24.2% over the same period, from $567K to $430K. Total functional expenses fell by 35.4%, from $80K to $51K. In its most recent filing year (2020), Colleton Center reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $30K | $51K | $430K | $0 | — | — |
| 2019 | $101K | $136K | $465K | $14K | — | View 990 |
| 2018 | $56K | $85K | $501K | $15K | — | View 990 |
| 2017 | $59K | $68K | $529K | $14K | — | View 990 |
| 2016 | $61K | $65K | $538K | $14K | — | View 990 |
| 2015 | $71K | $75K | $542K | $14K | — | View 990 |
| 2014 | $85K | $83K | $545K | $14K | — | View 990 |
| 2013 | $73K | $73K | $543K | $14K | — | View 990 |
| 2012 | $49K | $78K | $538K | $9K | — | View 990 |
| 2011 | $92K | $80K | $567K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $30K, expenses of $51K, and assets of $430K (revenue -70.0% year-over-year).
- 2019: Revenue of $101K, expenses of $136K, and assets of $465K (revenue +79.9% year-over-year).
- 2018: Revenue of $56K, expenses of $85K, and assets of $501K (revenue -4.2% year-over-year).
- 2017: Revenue of $59K, expenses of $68K, and assets of $529K (revenue -4.3% year-over-year).
- 2016: Revenue of $61K, expenses of $65K, and assets of $538K (revenue -13.5% year-over-year).
- 2015: Revenue of $71K, expenses of $75K, and assets of $542K (revenue -16.7% year-over-year).
- 2014: Revenue of $85K, expenses of $83K, and assets of $545K (revenue +16.9% year-over-year).
- 2013: Revenue of $73K, expenses of $73K, and assets of $543K (revenue +48.0% year-over-year).
- 2012: Revenue of $49K, expenses of $78K, and assets of $538K (revenue -46.3% year-over-year).
- 2011: Revenue of $92K, expenses of $80K, and assets of $567K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colleton Center:
Data Sources and Methodology
This transparency report for Colleton Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.