Charleston Presbyterian Church

Tax-deductible

Charleston, SC501(c)(3)ReligionEIN 47-2196038Revenue $188K in FY2023

On file with the IRScharlestonpc.orgPo Box 31834, 29417-1834 · Charleston, SCTax-exempt since Feb 2013Church — 170(b)(1)(A)(i)

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The mission of Charleston Presbyterian Church is to proclaim, teach and live the word of god so that people will know and trust in jesus christ personally, to worship god in spirit and in truth; to grow in the grace and love of god; to love our neighbors and comfort and provide for those in need; and to make disciples of jesus christ and spread the good news through witness and service in our community and the world.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Run by 35 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $3K a year · 2% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$12K
to officers and key staff · 6% of spending
Top officer’s pay lower than 91% of similar orgs
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $79K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$637
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$188K
-4% vs prior year
Spent
$207K
To programs
87%
Net assets
$230K
By yearFY2020–FY2023
Revenue
$188K
FY2023▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$199K
FY2021$207K
FY2022$196K
FY2023$188K
Expenses
$207K
FY2023▲ +1%
Tap a bar for its year
Expenses by fiscal year
FY2020$200K
FY2021$192K
FY2022$205K
FY2023$207K
Net assets
$230K
FY2023▼ -7%
Tap a bar for its year
Net assets by fiscal year
FY2020$242K
FY2021$258K
FY2022$249K
FY2023$230K

From the FY2023 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Feb 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $180K Management & general 13% · $26K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $12K paid to officers and key staff.

Part VII, Section A · reportable compensation
Admininstrat
$11,975Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Sandy Floyd’s $12K as Admininstrat is at the 9th percentile of top reported officer pay among 2133 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022
Sandy Floyd$11,975$12,969

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Charleston Presbyterian Church executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Proclaiming God's word, teaching, and serving neighbors to spread faith and meet community needs.

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Provided by the organization

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1 program · $180K · in their own filed words · FY2023
01

Operating as a church to proclaim, teach, and live the word of god.

$180Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$79K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$188K
Ln 12
Gifts and grantsLn 1h$178K
Fees for servicesLn 2g$11K
Investment incomeLn 3$13
Money outPt IX
$207K
Ln 25
Programscol B$180K
Managementcol C$26K
Owns and owesPt X
$230K
net assets · Ln 32
Cash and savingsLn 1–2$73K
Total assetsLn 16$231K
LiabilitiesLn 26$637
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$178K
Fees for servicesLn 2g$11K
Investment incomeLn 3$13
Total revenueLn 12$188K
Assets in detailPt X, end of year
CashLn 1$31K
SavingsLn 2$42K
Cash and savings togetherLn 1–2$73K
InvestmentsLn 11–13$150K
Land, buildings, equipmentLn 10c$8K
Total assetsLn 16$231K
LiabilitiesLn 26$637
Net assetsLn 32$230K
OperationsPt I, VI
EmployeesI 52
VolunteersI 635
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$240K$73K
InvestmentsLn 11–13$150K
Land, buildings, equipmentLn 10c$9K$8K
Total assetsLn 16$249K$231K
LiabilitiesLn 26$557$637
Net assetsLn 32$249K$230K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$7K$7K
Other salaries and wagesLn 7$48K$36K$12K
Other employee benefitsLn 9$43K$43K
Payroll taxesLn 10$958$958
Accounting feesLn 11c$12K$12K
Office expensesLn 13$752$752
OccupancyLn 16$42K$42K
Conferences, conventions and meetingsLn 19$255$255
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$39K$39K
All other expensesLn 24e$11K$10K$491
Total functional expensesLn 25$207K$180K$26K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $188K$207K−$18K$230K 990 PDF
FY2022 $196K$205K−$9K$249K 990 PDF
FY2021 $207K$192K$15K$258K 990 PDF
FY2020 $199K$200K−$829$242K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $188,375 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $181,575$177,509
I-9 Program service revenuePrior year $13,918$10,853
I-10 Investment incomePrior year $21$13
I-11 Other revenue$0
I-12 Total revenuePrior year $195,514$188,375
I-13 Grants and similar amounts paidPrior year $9,260$7,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $89,668$92,294
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $105,876$107,570
I-18 Total expensesPrior year $204,804$206,864
I-19 Revenue less expensesPrior year −$9,290−$18,489
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $188,375 across 5 lines filed
VIII-1f All other contributions, gifts and grants$177,509
VIII-1h Total contributions, gifts and grants$177,509
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,853$10,853
VIII-3 Investment incomeRelated to mission $13$13
VIII-12 Total revenueRelated to mission $10,866$188,375
Part IX · Statement of functional expenses $206,864 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $7,000$7,000
IX-7 Other salaries and wagesPrograms $35,952 · Management $11,975$47,927
IX-9 Other employee benefitsPrograms $43,409$43,409
IX-10 Payroll taxesManagement $958$958
IX-11c Accounting feesManagement $11,944$11,944
IX-13 Office expensesPrograms $752$752
IX-16 OccupancyPrograms $42,432$42,432
IX-19 Conferences, conventions and meetingsPrograms $255$255
IX-22 Depreciation, depletion and amortizationPrograms $1,367$1,367
IX-23 InsuranceManagement $1,009$1,009
IX-24 Other expenses (24a–d)Programs $39,096$39,096
IX-24e All other expensesPrograms $10,224 · Management $491$10,715
IX-25 Total functional expensesPrograms $180,487 · Management $26,377 · Fundraising $0$206,864
Part X · Balance sheet $230,811 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $88,294$31,293
X-2 Savings and temporary cash investmentsStart of year $151,744$41,703
X-10c Land, buildings and equipment, netStart of year $9,182$7,815
X-11 Publicly traded securities$150,000
X-16 Total assetsStart of year $249,220$230,811
X-25 Other liabilitiesStart of year $557$637
X-26 Total liabilitiesStart of year $557$637
X-27 Net assets without donor restrictionsStart of year $248,663$230,174
X-32 Total net assets or fund balancesStart of year $248,663$230,174
X-33 Total liabilities and net assetsStart of year $249,220$230,811
Part XI · Reconciliation of net assets $230,174 net assets at year end
XI-1 Total revenue$188,375
XI-2 Total expenses$206,864
XI-3 Revenue less expenses−$18,489
XI-4 Net assets at start of year$248,663
XI-10 Net assets at end of year$230,174

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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