Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
EIN 85-2032503 • 501(c)3 • Spartanburg, SC
Profile
To further economic development in the city and county of spartanburg through a collaborative effort of representatives from both spartanburg city council and spartanburg county council
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
Liabilities / Revenue
38th percentile
Higher debt load relative to revenue than 38% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 10.1% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
73rd percentile
Faster revenue growth than 73% of similar nonprofits.
Assets
Down$2,624,265
Down $3,293,173 (-56%) from 2023
Liabilities
Up$63,555
Up $47,564 (+297%) from 2023
Net Assets
Down$2,560,710
Down $3,340,737 (-57%) from 2023
Revenue
Up$2,162,634
Up $472,018 (+28%) from 2023
Expenses
Up$5,503,371
Up $5,395,389 (+4997%) from 2023
Net Income
Down-$3,340,737
Down $4,923,371 (-311%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.