Friends Of Colleton County Animal Shelter
EIN: 264474266 · Walterboro, SC · NTEE: D112
| Metric | Value |
|---|---|
| Total Revenue | $328K |
| Total Expenses | $201K |
| Net Assets | $38K |
Is Friends Of Colleton County Animal Shelter Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of Colleton County Animal Shelter
Friends Of Colleton County Animal Shelter (EIN: 264474266) is a nonprofit organization based in Walterboro, SC, classified under NTEE code D112. The organization reported total revenue of $328K and total assets of $99K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Colleton County Animal Shelter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Colleton County Animal Shelter is a small nonprofit that has been operating for 17 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $201K |
| Surplus / Deficit | $-20,155 |
| Total Assets | $38K |
| Net Assets | $38K |
| Operating Margin | -11.1% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2023, Friends Of Colleton County Animal Shelter reported a deficit of $20K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2016–2023), Friends Of Colleton County Animal Shelter's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.0% | +28.6% | -34.7% |
| 2022 | +83.3% | +15.0% | +95.0% |
| 2021 | +9.5% | +49.6% | -33.2% |
| 2020 | -4.5% | -2.5% | +2.5% |
| 2019 | +74.6% | +11.4% | +7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of Colleton County Animal Shelter has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of Colleton County Animal Shelter with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
Frequently Asked Questions about Friends Of Colleton County Animal Shelter
Is Friends Of Colleton County Animal Shelter a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Colleton County Animal Shelter (EIN: 264474266) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friends Of Colleton County Animal Shelter spend its money?
Detailed spending breakdown data is not yet available for Friends Of Colleton County Animal Shelter. Check back for updated IRS 990 analysis.
Are donations to Friends Of Colleton County Animal Shelter tax-deductible?
Friends Of Colleton County Animal Shelter is registered as a tax-exempt nonprofit (EIN: 264474266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of Colleton County Animal Shelter located?
Friends Of Colleton County Animal Shelter is headquartered in Walterboro, South Carolina and files with the IRS under EIN 264474266. It is classified under NTEE code D112.
How many years of IRS 990 filings does Friends Of Colleton County Animal Shelter have?
Friends Of Colleton County Animal Shelter has 8 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 $328K in total revenue.
Filing History
IRS 990 filing history for Friends Of Colleton County Animal Shelter showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Friends Of Colleton County Animal Shelter's revenue has grown by 186.9%, moving from $63K to $181K. Total assets increased by 4.1% over the same period, from $36K to $38K. Total functional expenses rose by 359.6%, from $44K to $201K. In its most recent filing year (2023), Friends Of Colleton County Animal Shelter reported a deficit of $20K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $201K | $38K | $0 | — | View 990 |
| 2022 | $185K | $157K | $58K | $0 | — | View 990 |
| 2021 | $101K | $136K | $30K | $0 | — | — |
| 2020 | $92K | $91K | $45K | $0 | — | View 990 |
| 2019 | $96K | $93K | $43K | $0 | — | View 990 |
| 2018 | $55K | $84K | $40K | $0 | — | View 990 |
| 2017 | $73K | $75K | $34K | $0 | — | View 990 |
| 2016 | $63K | $44K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $201K, and assets of $38K (revenue -2.0% year-over-year).
- 2022: Revenue of $185K, expenses of $157K, and assets of $58K (revenue +83.3% year-over-year).
- 2021: Revenue of $101K, expenses of $136K, and assets of $30K (revenue +9.5% year-over-year).
- 2020: Revenue of $92K, expenses of $91K, and assets of $45K (revenue -4.5% year-over-year).
- 2019: Revenue of $96K, expenses of $93K, and assets of $43K (revenue +74.6% year-over-year).
- 2018: Revenue of $55K, expenses of $84K, and assets of $40K (revenue -24.3% year-over-year).
- 2017: Revenue of $73K, expenses of $75K, and assets of $34K (revenue +15.5% year-over-year).
- 2016: Revenue of $63K, expenses of $44K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Colleton County Animal Shelter:
Data Sources and Methodology
This transparency report for Friends Of Colleton County Animal Shelter 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.