SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE

SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE

Charleston, SC, US
501(c)3
EIN
58-2470073

SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE

Charleston, SC, US
501(c)3
EIN
58-2470073

Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The South Carolina Community Capital Alliance (EIN: 58-2470073) is a nonprofit organization dedicated to economic development, focusing on improving the quality of life for all citizens in South Carolina. Its mission is to facilitate the investment of capital by providing responsible and affordable financial products and services that act as a catalyst for community and economic growth in underserved neighborhoods. With an operating budget of $66.8K and total revenue of $404.2K for the filing year 2024, the organization has a diverse funding base, with no single funder contributing 50% or more of its revenue. More information can be found on their website at https://www.sccommunitycapital.org.

Mission Statement

OUR MISSION IS TO FACILITATE THE INVESTMENT OF CAPITAL IN SOUTH CAROLINA IN ORDER TO IMPROVE THE QUALITY OF LIFE FOR ALL HER CITIZENS BY PROVIDING RESPONSIBLE AND AFFORDABLE FINANCIAL PRODUCTS AND SERVICES THAT ARE A MAJOR CATALYST FOR COMMUNITY AND ECONOMIC GROWTH IN UNDERSERVED NEIGHBORHOODS AND COMMUNITIES.
Revenues

$404.2K

Expenses

$66.8K

Net Income:
+$337.4K
Assets

$1.4M

Liabilities

$560K

Net Assets:
+$826.9K
Operating Budget

$66.8K

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

1

Median grant size
$336K
Largest grant received
$336K
K
Kim Graham
Board Member
S
Sedrick McCullum
Board Member
T
Terri Hendrix
Board Member

Frequently Asked Questions

What is SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE’s budget?
In 2024, SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE reported an annual operating budget of around $67 thousand. More detailed financial information is available to registered users.
What causes does SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE support?
SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE supports work in Economic development.
Where does SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE operate?
SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE is headquartered in Charleston, SC.
Who funded SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE recently?
In 2023, SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE received grants from South Carolina Association for Community Economic Development. More information on this organization’s funders is available to registered users.
What is the largest grant SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE received in 2023?
The largest grant to SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE in 2023 exceeds $336 thousand.
What is SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE’s reliance on government grants?
SOUTH CAROLINA COMMUNITY CAPITAL ALLIANCE relied on government grants for more than 95% of their total revenue in 2024.
Overview
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