Southern Mutual Church Insurance Company
Columbia, SC 29290 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $71,997,103 | $70,635,579 | $27,015,125 |
| FY2024 | $80,252,881 | $96,194,877 | $24,789,865 |
| FY2023 | $73,780,868 | $87,585,073 | $35,129,924 |
| FY2022 | $67,035,993 | $67,871,296 | $49,057,198 |
| FY2021 | $60,236,584 | $57,205,426 | $52,578,578 |
| FY2020 | $56,604,162 | $53,797,420 | $48,683,287 |
| FY2019 | $51,219,086 | $46,175,537 | $46,963,324 |
| FY2018 | $48,186,492 | $45,034,421 | $40,016,355 |
| FY2017 | $45,441,550 | $39,553,936 | $38,623,424 |
| FY2016 | $43,215,961 | $37,132,097 | $32,934,892 |
| FY2015 | $41,189,795 | $38,387,686 | $26,368,692 |
| FY2014 | $39,486,512 | $36,356,631 | $24,467,556 |
| FY2013 | $37,051,285 | $34,210,191 | $20,819,240 |
| FY2012 | $35,201,107 | $33,662,446 | $17,209,467 |
Form 990 filings
The returns filed by Southern Mutual Church Insurance Company (EIN 57-0251155), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $70,546,902 | 98% |
| Other revenue | $1,450,201 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $70,635,579 | 100% |
| Management & general | $0 | 0% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 98% of total revenue in FY2025.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2025. That is higher than 66.4% of 110 Mutual & Membership Benefit organizations nationwide (too few in SC for a state comparison).
- Net assets covered about 4.6 months of expenses at the end of the reporting year. That puts it in the 9th percentile among 33 Mutual & Membership Benefit organizations in SC.
- Total revenue was the highest among 36 Mutual & Membership Benefit organizations in SC.
- Total revenue rose from $35,201,107 in FY2012 to $71,997,103 in FY2025. Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2022, FY2023, FY2024).
- The highest revenue on record here is $80,252,881 in FY2024.
- Net assets grew from $17,209,467 to $27,015,125 between FY2012 and FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO PROVIDE SPECIALIZED, COST-EFFECTIVE PROPERTY AND CASUALTY INSURANCE TO MEMBER CHURCHES. ORIENTED TOWARDS SPECIFIC NEEDS UNIQUE TO CHURCHES, THEREBY BENEFITING THE SOCIAL WELFARE OF THE COMMUNITIES OF CHURCHES SERVED.
IRS status
| Ruling year | 1983 |
| Subsection | 501(c)(4) |
| Program area (NTEE) | Y20Z — Mutual & Membership Benefit |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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