South Carolina Educational Credit For Exceptional Needs Children Fun
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 10,082,788 | 9,781,258 | 301,530 | 0.4 | 0% |
| 2018 | 14,107,874 | 10,968,260 | 3,139,614 | 3.8 | 0% |
| 2019 | 11,563,378 | 12,166,101 | −602,723 | 2.8 | 0% |
| 2020 | 2,770,000 | 5,530,154 | −2,760,154 | 0.2 | 1% |
| 2021 | 4,122,466 | 3,398,775 | 723,691 | 2.9 | 1% |
| 2022 | 5,546,279 | 5,184,348 | 361,931 | 2.7 | 1% |
| 2023 | 3,462,577 | 3,413,851 | 48,726 | 4.3 | 1% |
In its most recent public year (2023), this organization brought in $48,726 more than it spent. Its reserves stood at about 4.3 months of spending, up from 0.4 in 2017. Staff pay was 1% of spending. $1,460,695 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
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