CLIMB Fund

Charleston, SC, US
501(c)3
EIN
57-0707663
Logo for "CLIMB Fund"
Charleston, SC, US
501(c)3
EIN
57-0707663

Overview

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Est.

1979

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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The CLIMB Fund is a nonprofit organization dedicated to urban development and community improvement, with a mission to promote economic development and support the growth of business concerns. In 2023, the organization operated with a budget of $2.1 million and reported total revenues of $5.1 million, relying on multiple funders without a single source contributing 50% or more of its revenue. While specific geographic focus is not detailed, the organization actively engages in activities that further its mission within its community.

Mission Statement

The purpose of the corporation is to further economic development to promote and assist in the growth and development of business concerns and to engage in those activities which are in furtherance of or related to those purposes
Revenues

$5.1M

Expenses

$2.1M

Net Income:
+$3.1M
Assets

$35.5M

Liabilities

$11M

Net Assets:
+$24.6M
Operating Budget

$2.1M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$160.5K
Largest grant received
$250K
C
Cynthia Rourk
Board Member
C
Carol Jackson
Board Member
S
Stephanie Pritchett
Board Member

Frequently Asked Questions

What is CLIMB Fund’s budget?
In 2023, CLIMB Fund reported an annual operating budget of around $2.1 million. More detailed financial information is available to registered users.
What causes does CLIMB Fund support?
CLIMB Fund supports work in Community improvement and Urban development.
Where does CLIMB Fund operate?
CLIMB Fund is headquartered in Charleston, SC.
Who funded CLIMB Fund recently?
In 2024, CLIMB Fund received grants from ONESPARTANBURG INC FOUNDATION, South Carolina Association for Community Economic Development, and South Carolina Association for Community Economic Development. More information on this organization’s funders is available to registered users.
What is the largest grant CLIMB Fund received in 2024?
The largest grant to CLIMB Fund in 2024 exceeds $250 thousand.
What is CLIMB Fund’s reliance on government grants?
CLIMB Fund relied on government grants for more than 65% of their total revenue in 2023.
Overview
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