Spartanburg County Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,108,647 | 7,786,586 | 2,322,061 | 103.2 | 7% |
| 2012 | 22,954,985 | 10,850,318 | 12,104,667 | 93.4 | 5% |
| 2013 | 11,765,428 | 8,058,741 | 3,706,687 | 142.2 | 8% |
| 2014 | 15,405,286 | 8,451,845 | 6,953,441 | 146.9 | 8% |
| 2015 | 19,168,675 | 11,912,807 | 7,255,868 | 108.3 | 6% |
| 2016 | 14,682,178 | 9,216,277 | 5,465,901 | 150.8 | 8% |
| 2017 | 16,203,696 | 13,505,353 | 2,698,343 | 114.6 | 6% |
| 2018 | 20,421,535 | 16,936,687 | 3,484,848 | 86.9 | 5% |
| 2019 | 33,790,059 | 15,266,040 | 18,524,019 | 120.1 | 5% |
| 2020 | 26,341,368 | 13,615,669 | 12,725,699 | 153.8 | 6% |
| 2021 | 29,550,562 | 18,209,904 | 11,340,658 | 129.6 | 6% |
| 2022 | 21,477,572 | 21,761,604 | −284,032 | 99.0 | 5% |
| 2023 | 54,208,519 | 33,170,987 | 21,037,532 | 78.8 | 4% |
In its most recent public year (2023), this organization brought in $21,037,532 more than it spent. Its reserves stood at about 78.8 months of spending, down from 103.2 in 2011. Staff pay was 4% of spending. $202,485,444 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Spartanburg County Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works