Spartanburg Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 844,204 | 426,478 | 417,726 | 133.7 | 0% |
| 2013 | 6,837,435 | 594,099 | 6,243,336 | 230.4 | 0% |
| 2014 | 3,343,687 | 1,489,986 | 1,853,701 | 110.6 | 1% |
| 2015 | 1,607,726 | 1,610,096 | −2,370 | 102.9 | 1% |
| 2016 | 1,133,498 | 1,893,418 | −759,920 | 83.5 | 1% |
| 2017 | 1,753,773 | 1,565,928 | 187,845 | 105.9 | 0% |
| 2018 | 1,581,372 | 1,638,535 | −57,163 | 103.5 | 0% |
| 2019 | 1,407,069 | 1,376,984 | 30,085 | 123.2 | 0% |
| 2020 | 11,153,436 | 15,151,879 | −3,998,443 | 8.2 | 0% |
| 2021 | 621,513 | 788,414 | −166,901 | 177.9 | 0% |
| 2022 | 802,893 | 1,341,371 | −538,478 | 94.7 | 0% |
| 2023 | 633,179 | 714,835 | −81,656 | 177.6 | 0% |
In its most recent public year (2023), this organization spent $81,656 more than it brought in. Its reserves stood at about 177.6 months of spending, up from 133.7 in 2012. Staff pay was 0% of spending. $6,140,748 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 Community College 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