Independent Banks Of South Carolina
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 386,112 | 275,354 | 110,758 | 9.9 | 0% |
| 2012 | 222,699 | 191,889 | 30,810 | 10.1 | 0% |
| 2013 | 217,893 | 196,211 | 21,682 | 11.2 | 0% |
| 2014 | 176,013 | 184,743 | −8,730 | 11.4 | 0% |
| 2015 | 199,697 | 178,852 | 20,845 | 13.3 | 0% |
| 2016 | 280,017 | 219,591 | 60,426 | 13.4 | 0% |
| 2017 | 371,861 | 286,912 | 84,949 | 13.8 | 0% |
| 2018 | 371,386 | 288,379 | 83,007 | 17.2 | 0% |
| 2019 | 425,456 | 420,357 | 5,099 | 11.9 | 0% |
| 2020 | 254,326 | 174,673 | 79,653 | 34.2 | 0% |
| 2021 | 525,171 | 468,153 | 57,018 | 14.2 | 0% |
| 2022 | 534,715 | 518,244 | 16,471 | 13.2 | 0% |
| 2023 | 575,370 | 477,274 | 98,096 | 16.8 | 0% |
In its most recent public year (2023), this organization brought in $98,096 more than it spent. Its reserves stood at about 16.8 months of spending, up from 9.9 in 2011. Staff pay was 0% of spending.
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
Independent Banks Of South Carolina'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