Southern Methodist College
EIN: 570650419 · Orangeburg, SC · NTEE: B42Z
| Metric | Value |
|---|---|
| Total Revenue | $206K |
| Total Expenses | $143K |
| Net Assets | $477K |
Is Southern Methodist College Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southern Methodist College
Southern Methodist College (EIN: 570650419) is a nonprofit organization based in Orangeburg, SC, classified under NTEE code B42Z. The organization reported total revenue of $206K and total assets of $526K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Methodist College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Methodist College is a small nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $143K |
| Surplus / Deficit | +$21K |
| Total Assets | $477K |
| Total Liabilities | $805 |
| Net Assets | $477K |
| Operating Margin | 12.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 40.0 months |
Financial Health Grade: A
In 2024, Southern Methodist College reported a surplus of $21K with revenue exceeding expenses, holds 40.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Southern Methodist College's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +37.7% | +12.5% | -40.7% |
| 2023 | -21.9% | +9.1% | -3.9% |
| 2022 | +8.2% | -13.7% | +1.5% |
| 2021 | -30.9% | -12.7% | -0.2% |
| 2020 | +17.5% | -32.3% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southern Methodist College 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 Southern Methodist College 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Southern Methodist College
Is Southern Methodist College a legitimate charity?
Southern Methodist College (EIN: 570650419) is a registered tax-exempt nonprofit based in South Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $206K. No red flags identified. Financial health grade: A.
How does Southern Methodist College spend its money?
Southern Methodist College reported $206K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southern Methodist College tax-deductible?
Southern Methodist College is registered as a tax-exempt nonprofit (EIN: 570650419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southern Methodist College located?
Southern Methodist College is headquartered in Orangeburg, South Carolina and files with the IRS under EIN 570650419. It is classified under NTEE code B42Z.
How many years of IRS 990 filings does Southern Methodist College have?
Southern Methodist College has 13 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 $206K in total revenue.
Filing History
IRS 990 filing history for Southern Methodist College showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Southern Methodist College's revenue has declined by 49.6%, moving from $326K to $164K. Total assets decreased by 34.6% over the same period, from $729K to $477K. Total functional expenses fell by 58.4%, from $344K to $143K. In its most recent filing year (2024), Southern Methodist College reported a surplus of $21K, with revenue exceeding expenses. The organization holds $805 in liabilities against $477K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $477K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $164K | $143K | $477K | $805 | — | — |
| 2023 | $119K | $127K | $804K | $2K | — | — |
| 2022 | $153K | $117K | $837K | $2K | — | View 990 |
| 2021 | $141K | $135K | $825K | $2K | — | — |
| 2020 | $204K | $155K | $826K | $5K | — | View 990 |
| 2019 | $174K | $229K | $785K | $13K | — | View 990 |
| 2018 | $535K | $214K | $832K | $5K | — | — |
| 2017 | $285K | $237K | $728K | $223K | — | View 990 |
| 2016 | $314K | $363K | $722K | $265K | — | View 990 |
| 2015 | $284K | $287K | $756K | $250K | — | View 990 |
| 2014 | $330K | $283K | $760K | $242K | — | View 990 |
| 2013 | $419K | $379K | $720K | $233K | — | View 990 |
| 2012 | $326K | $344K | $729K | $358K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $164K, expenses of $143K, and assets of $477K (revenue +37.7% year-over-year).
- 2023: Revenue of $119K, expenses of $127K, and assets of $804K (revenue -21.9% year-over-year).
- 2022: Revenue of $153K, expenses of $117K, and assets of $837K (revenue +8.2% year-over-year).
- 2021: Revenue of $141K, expenses of $135K, and assets of $825K (revenue -30.9% year-over-year).
- 2020: Revenue of $204K, expenses of $155K, and assets of $826K (revenue +17.5% year-over-year).
- 2019: Revenue of $174K, expenses of $229K, and assets of $785K (revenue -67.5% year-over-year).
- 2018: Revenue of $535K, expenses of $214K, and assets of $832K (revenue +87.8% year-over-year).
- 2017: Revenue of $285K, expenses of $237K, and assets of $728K (revenue -9.1% year-over-year).
- 2016: Revenue of $314K, expenses of $363K, and assets of $722K (revenue +10.6% year-over-year).
- 2015: Revenue of $284K, expenses of $287K, and assets of $756K (revenue -13.9% year-over-year).
- 2014: Revenue of $330K, expenses of $283K, and assets of $760K (revenue -21.3% year-over-year).
- 2013: Revenue of $419K, expenses of $379K, and assets of $720K (revenue +28.4% year-over-year).
- 2012: Revenue of $326K, expenses of $344K, and assets of $729K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Methodist College:
Data Sources and Methodology
This transparency report for Southern Methodist College 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.