South Carolina Technical College System Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 96,367 | 91,127 | 5,240 | 85.0 | 0% |
| 2013 | 33,502 | 98,825 | −65,323 | 74.5 | 0% |
| 2014 | 50,647 | 107,776 | −57,129 | 65.9 | 0% |
| 2015 | 41,002 | 55,562 | −14,560 | 122.0 | 0% |
| 2016 | 82,776 | 95,626 | −12,850 | 63.3 | 0% |
| 2017 | 22,616 | 34,894 | −12,278 | 181.8 | 0% |
| 2018 | 53,464 | 25,313 | 28,151 | 258.6 | 0% |
| 2019 | 1,386,586 | 775,821 | 610,765 | 17.9 | 0% |
| 2020 | 39,311 | 538,828 | −499,517 | 14.2 | 0% |
| 2021 | 143,087 | 29,469 | 113,618 | 349.5 | 0% |
| 2022 | 205,644 | 213,327 | −7,683 | 36.1 | 0% |
| 2023 | 112,732 | 179,284 | −66,552 | 41.2 | 0% |
| 2024 | 628,161 | 416,775 | 211,386 | 24.4 | 0% |
In its most recent public year (2024), this organization brought in $211,386 more than it spent. Its reserves stood at about 24.4 months of spending, down from 85 in 2012. Staff pay was 0% of spending. $465,625 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 2024. 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
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