Spartanburg County Foundation
424 E Kennedy St, Spartanburg, SC · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $50,610,860 | $25,797,026 | $279,893,264 |
| FY2024 | $48,563,790 | $39,767,079 | $240,702,318 |
| FY2023 | $54,208,519 | $33,170,987 | $217,885,970 |
| FY2022 | $21,477,572 | $21,761,604 | $179,571,867 |
| FY2021 | $29,550,562 | $18,209,904 | $196,610,597 |
| FY2020 | $26,341,368 | $13,615,669 | $174,520,351 |
| FY2019 | $33,790,059 | $15,266,040 | $152,842,138 |
| FY2018 | $20,421,535 | $16,936,687 | $122,605,317 |
| FY2017 | $16,203,696 | $13,505,353 | $129,012,236 |
| FY2016 | $14,682,178 | $9,216,277 | $115,847,553 |
| FY2015 | $19,168,675 | $11,912,807 | $107,530,432 |
| FY2014 | $15,405,286 | $8,451,845 | $103,455,045 |
| FY2013 | $11,765,428 | $8,058,741 | $95,514,898 |
| FY2012 | $22,954,985 | $10,850,318 | $84,428,155 |
Form 990 filings
The returns filed by Spartanburg County Foundation (EIN 57-0351398), 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 | $37,052,994 | 73% |
| Program service revenue | $0 | 0% |
| Other revenue | $13,557,866 | 27% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $23,563,223 | 91% |
| Management & general | $1,942,053 | 8% |
| Fundraising | $291,750 | 1% |
What the numbers show
- Contributions & grants made up 73% of total revenue in FY2025.
- Program services accounted for 91% of functional expenses, management & general 8%, and fundraising 1%.
- 91% of functional expenses went to program services in FY2025. That is higher than 57.9% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in SC for a state comparison).
- Net assets covered about 130.2 months of expenses at the end of the reporting year. That puts it in the 61st percentile among 587 Philanthropy, Voluntarism & Grantmaking Foundations organizations in SC.
- Total revenue was higher than 99.2% of 612 Philanthropy, Voluntarism & Grantmaking Foundations organizations in SC.
- Total revenue rose from $22,954,985 in FY2012 to $50,610,860 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2022).
- The highest revenue on record here is $54,208,519 in FY2023.
- Net assets grew from $84,428,155 to $279,893,264 between FY2012 and FY2025.
- Contributions and grants made up 91% of revenue in FY2012 and 73% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
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
The Spartanburg County Foundation is committed to improving the lives of Spartanburg County residents by promoting philanthropy, encouraging community engagement, and responding to community needs.
IRS status
| Ruling year | 1948 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T310 — Philanthropy, Voluntarism & Grantmaking Foundations (in SC) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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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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