SOUTH CAROLINA ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT

CHARLESTON, SC, 29413-0577 (843) 579-9855 Est. 1995 EIN 56-2049813
S31 - Urban & Community Economic Development 990 - Public charity return 501(c)(3)
www.scaced.org

Mission

Through our network of members and partner organizations, SCACED strives to improve the quality of life for low-wealth families and communities by advancing community economic development and public policy in South Carolina.

Giving Portfolio

Total Grants
110
Total Giving
$4.4M
Recipients
110
Years Active
2018 - 2024
Avg grant: $30,625 Median: $10,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202419$436K $23K109
202331$1.7M $54K1813
202237$2.0M $54K316
202017$207K $12K161
20186$60K $10K60

Sectors Funded

Community Improvement
29
Housing & Shelter
21
Human Services
16
Education
6
Crime & Legal-Related
4
Religion-Related
3
Food, Agriculture & Nutrition
2
Environment
1
and 2 more sectors

Top States

South Carolina
107
Pennsylvania
1
California
1

Grantee Size Profile

$100K - $500K
24
$1M - $5M
23
$5M - $10M
10
$500K - $1M
10
Under $100K
4
$10M - $50M
2
Over $50M
2

Top Grantees

Page 1 of 3
SC - 2 grants
$382K
SC - 2 grants
$256K
OPTUS BANK
SC - 2 grants
$240K
SC - 2 grants
$238K
DESA INC
SC - 2 grants
$232K
$152K
The Gullah Farmers Cooperative Association
SC
$143K
UNIVERSITY OF SOUTH CAROLINA
SC
$129K

Grants Awarded · 85 grants

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Financials

Total Revenue
$2,063,331
Total Expenses
$2,624,764
Net Assets
$1,246,412
11 employees 14 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
5.7 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 49.5%
Expenses ↓ 23.2%
Revenue Sources
Contributions 85.7% Earned revenue 11.3% Investment 2.1% Other 1.0%
Expense Breakdown
Program 80.7% Management 16.5% Fundraising 2.9%

Officers & Trustees (16)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$2,063,331 ↓$2,624,764$1,246,412
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$4,086,282 ↑$3,418,106$1,809,750
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$4,077,635 ↑$3,751,549$879,730
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$1,227,020 ↑$1,292,839$438,108
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$968,755 $878,855$605,761

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EIN: 56-2049813 · Source: IRS Form 990 e-file data