South Carolina First Steps to School Readiness Board of Trustees
636 Rosewood Drive, Columbia, SC · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $72,391,847 | $72,706,141 | $11,239,754 |
| FY2024 | $66,207,541 | $69,094,204 | $12,496,004 |
| FY2023 | $57,127,894 | $55,319,536 | $15,382,667 |
| FY2022 | $62,957,264 | $51,854,091 | $13,574,309 |
| FY2021 | $45,278,924 | $37,665,399 | $2,471,135 |
| FY2020 | $37,132,014 | $40,175,669 | -$5,142,390 |
| FY2019 | $36,397,435 | $36,644,235 | -$2,098,735 |
| FY2018 | $43,742,102 | $42,801,079 | -$1,855,984 |
| FY2017 | $57,635,788 | $52,630,939 | $5,128,237 |
| FY2016 | $44,256,571 | $50,694,785 | $123,388 |
| FY2015 | $41,071,059 | $34,524,313 | $6,561,602 |
| FY2014 | $35,402,628 | $32,290,883 | $5,343,088 |
| FY2013 | $26,017,205 | $25,897,815 | $2,231,343 |
| FY2012 | $28,202,588 | $28,900,453 | $1,329,007 |
Form 990 filings
The returns filed by South Carolina First Steps to School Readiness Board of Trustees (EIN 57-1087576), 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 | $72,280,922 | 100% |
| Program service revenue | $0 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $70,044,619 | 96% |
| Management & general | $2,589,855 | 4% |
| Fundraising | $71,667 | <1% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2025.
- Program services accounted for 96% of functional expenses, management & general 4%, and fundraising 0%.
- 96% of functional expenses went to program services in FY2025. That is higher than 93.1% of 72 Education organizations in SC.
- Net assets covered about 1.9 months of expenses at the end of the reporting year. That puts it in the 15th percentile among 874 Education organizations in SC.
- Total revenue was higher than 99.1% of 899 Education organizations in SC.
- Total revenue rose from $28,202,588 in FY2012 to $72,391,847 in FY2025. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2012, FY2016, FY2019, FY2020, FY2024, FY2025).
- Net assets grew from $1,329,007 to $11,239,754 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as a central organization with a group exemption; its subordinate units may also be eligible.
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
PER SOUTH CAROLINA CODE SECTION 59-152-10: "THERE IS ESTABLISHED THE SOUTH CAROLINA FIRST STEPS TO SCHOOL READINESS, A COMPREHENSIVE, RESULTS-ORIENTED INITIATIVE FOR IMPROVING EARLY CHILDHOOD DEVELOPMENT BY PROVIDING, THROUGH LOCAL PARTNERSHIPS, PUBLIC AND PRIVATE FUNDS, AND SUPPORT FOR
IRS status
| Ruling year | 2000 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B012 — Education (in SC) |
| Donations | Listed in the IRS Publication 78 data as a central organization with a group exemption; its subordinate units may also be eligible. |
Similar organizations
- North Greenville University — Tigerville, SC · $72,415,205
- Columbia International University — Columbia, SC · $71,013,416
- Claflin University — Orangeburg, SC · $69,308,578
- Newberry College — Newberry, SC · $66,284,560
- University of South Carolina Educational Foundation — Columbia, SC · $85,063,683
- Benedict College — Columbia, SC · $52,764,064
- Converse University — Spartanburg, SC · $50,688,632
- Erskine College — Due West, SC · $47,967,931
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.