South Carolina Chamber Foundation
EIN: 371865869 · Columbia, SC · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $14K |
| Net Assets | $25K |
Is South Carolina Chamber Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South Carolina Chamber Foundation
South Carolina Chamber Foundation (EIN: 371865869) is a nonprofit organization based in Columbia, SC, classified under NTEE code P20. The organization reported total revenue of $25K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Carolina Chamber Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Carolina Chamber Foundation is a micro nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2018–2021). Revenue has grown at a compound annual rate of -34.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $14K |
| Surplus / Deficit | +$11K |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | 42.4% |
| Months of Reserves | 20.5 months |
Financial Health Grade: A
In 2021, South Carolina Chamber Foundation reported a surplus of $11K with revenue exceeding expenses, holds 20.5 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2018–2021), South Carolina Chamber Foundation's revenue has declined at a compound annual growth rate (CAGR) of -34.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -39.2% | -74.9% | +73.8% |
| 2020 | -29.6% | +44.9% | -55.3% |
| 2019 | -33.1% | -47.6% | +47.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Carolina Chamber Foundation 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 South Carolina Chamber Foundation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Frequently Asked Questions about South Carolina Chamber Foundation
Is South Carolina Chamber Foundation a legitimate charity?
South Carolina Chamber Foundation (EIN: 371865869) is a registered tax-exempt nonprofit based in South Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $25K. No red flags identified. Financial health grade: A.
How does South Carolina Chamber Foundation spend its money?
South Carolina Chamber Foundation reported $25K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to South Carolina Chamber Foundation tax-deductible?
South Carolina Chamber Foundation is registered as a tax-exempt nonprofit (EIN: 371865869). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Carolina Chamber Foundation located?
South Carolina Chamber Foundation is headquartered in Columbia, South Carolina and files with the IRS under EIN 371865869. It is classified under NTEE code P20.
How many years of IRS 990 filings does South Carolina Chamber Foundation have?
South Carolina Chamber Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $25K in total revenue.
Filing History
IRS 990 filing history for South Carolina Chamber Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2018–2021), South Carolina Chamber Foundation's revenue has declined by 71.3%, moving from $87K to $25K. Total assets increased by 15% over the same period, from $21K to $25K. Total functional expenses fell by 81%, from $76K to $14K. In its most recent filing year (2021), South Carolina Chamber Foundation reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $25K | $14K | $25K | $0 | — | — |
| 2020 | $41K | $57K | $14K | $150 | — | View 990 |
| 2019 | $58K | $40K | $32K | $1K | — | View 990 |
| 2018 | $87K | $76K | $21K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $25K, expenses of $14K, and assets of $25K (revenue -39.2% year-over-year).
- 2020: Revenue of $41K, expenses of $57K, and assets of $14K (revenue -29.6% year-over-year).
- 2019: Revenue of $58K, expenses of $40K, and assets of $32K (revenue -33.1% year-over-year).
- 2018: Revenue of $87K, expenses of $76K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Carolina Chamber Foundation:
Data Sources and Methodology
This transparency report for South Carolina Chamber Foundation 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.