Fpcrc INC

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Support the ministry of First Presbyterian Church

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Run by 9 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2026 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
The latest return is for FY2026, this tax year.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $74K a year · 7% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
89% of spending went to programs.
Pt IX · Ln 25 · col B
3.2 mo
of spending, in cash
Plus $28.8M in investments, Pt X · Ln 11–13
3.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.8M
+5% vs prior year
Spent
$1.2M
To programs
89%
Net assets
$29.5M
By yearFY2021–FY2026
Revenue
$1.8M
FY2026▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2021−$195K
FY2022$329K
FY2023$1.9M
FY2024$815K
FY2025$1.7M
FY2026$1.8M
Expenses
$1.2M
FY2026▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2021$104K
FY2022$1.5M
FY2023$1.0M
FY2024$1.0M
FY2025$1.0M
FY2026$1.2M
Net assets
$29.5M
FY2026▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2021$21.5M
FY2022$22.3M
FY2023$21.5M
FY2024$23.8M
FY2025$25.2M
FY2026$29.5M

From the FY2026 Form 990 (year ending April 2026) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Sep 1988.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $1.0M Management & general 11% · $131K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2025); the FY2026 filing did not itemize Part VII
Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Theodore H Reading II’s $3K as Treasurer is at the 0th percentile of top reported officer pay among 3869 $1–10M human services 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

NameFY2024FY2023FY2022
Theodore H Reading II$2,650$1,600$3,300

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 Fpcrc INC executive salaries →

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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Supports the ministry of a Presbyterian church.

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1 program · $1.0M · in their own filed words · FY2025
01

Provided support to First Presbyterian Church

$1.0Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $5.1M · 2021–2025
First Presbyterian ChurchSC · FY2025$1,025,391
First Presbyterian ChurchSC · FY2024$926,071
First Presbyterian ChurchSC · FY2023$925,424
First Presbyterian ChurchSC · FY2022$899,764
First Presbyterian ChurchSC · FY2021$1,316,103

By the numbers

The FY2026 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Investment incomeLn 3$1.8M
Money outPt IX
$1.2M
Ln 25
Programscol B$1.0M
Managementcol C$131K
Owns and owesPt X
$29.5M
net assets · Ln 32
Cash and savingsLn 1–2$312K
Total assetsLn 16$29.5M
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$1.8M
Gains on assetsLn 7$1.2M
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$9K
SavingsLn 2$303K
Cash and savings togetherLn 1–2$312K
Loans to officers and key peopleLn 5$425K
InvestmentsLn 11–13$28.8M
Total assetsLn 16$29.5M
LiabilitiesLn 26$0
Net assetsLn 32$29.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderApril
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY26End FY26
Cash and savingsLn 1–2$773K$312K
InvestmentsLn 11–13$24.0M$28.8M
Total assetsLn 16$25.2M$29.5M
LiabilitiesLn 26$0$0
Net assetsLn 32$25.2M$29.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.0M$1.0M
Accounting feesLn 11c$3K$3K
Investment management feesLn 11f$125K$125K
Office expensesLn 13$2K$2K
Total functional expensesLn 25$1.2M$1.0M$131K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest ViewingFiled with the IRS Jul 1, 2026 $1.8M$1.2M$600K$29.5M 990 PDF
FY2025Filed with the IRS Jul 16, 2025 $1.7M$1.0M$634K$25.2M 990 PDF
FY2024Filed with the IRS Jun 11, 2024 $815K$1.0M−$221K$23.8M 990 PDF
FY2023Filed with the IRS Aug 2, 2023 $1.9M$1.0M$901K$21.5M 990 PDF
FY2022Filed with the IRS Jun 6, 2022 $329K$1.5M−$1.2M$22.3M 990 PDF
FY2021Filed with the IRS Jun 15, 2021 −$195K$104K−$298K$21.5M 990 PDF

Schedules filed Part IV

A · Public support I · Grants L · Interested persons O · Explanations
See the full FY2026 990
Part I · Summary $1,756,101 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,680,396$1,756,101
I-11 Other revenue$0
I-12 Total revenuePrior year $1,680,396$1,756,101
I-13 Grants and similar amounts paidPrior year $926,071$1,025,391
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $120,586$130,563
I-18 Total expensesPrior year $1,046,657$1,155,954
I-19 Revenue less expensesPrior year $633,739$600,147
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,756,101 across 4 lines filed
VIII-3 Investment incomeRelated to mission $589,386$589,386
VIII-7 Net gain or loss on sales of assetsRelated to mission $1,166,715$1,166,715
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,756,101 · Unrelated business $0 · Excluded from tax $0$1,756,101
Part IX · Statement of functional expenses $1,155,954 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $1,025,391$1,025,391
IX-11c Accounting feesManagement $3,240$3,240
IX-11f Investment management feesManagement $125,064$125,064
IX-13 Office expensesManagement $2,259$2,259
IX-25 Total functional expensesPrograms $1,025,391 · Management $130,563 · Fundraising $0$1,155,954
Part X · Balance sheet $29,520,569 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $14,902$9,409
X-2 Savings and temporary cash investmentsStart of year $758,492$302,890
X-5 Loans to officers and key peopleStart of year $432,681$425,441
X-11 Publicly traded securitiesStart of year $23,956,945$28,782,829
X-16 Total assetsStart of year $25,163,020$29,520,569
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $25,163,020$29,520,569
X-32 Total net assets or fund balancesStart of year $25,163,020$29,520,569
X-33 Total liabilities and net assetsStart of year $25,163,020$29,520,569
Part XI · Reconciliation of net assets $29,520,569 net assets at year end
XI-1 Total revenue$1,756,101
XI-2 Total expenses$1,155,954
XI-3 Revenue less expenses$600,147
XI-4 Net assets at start of year$25,163,020
XI-5 Net unrealized gains (losses) on investments$3,757,402
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$29,520,569

Form 990 e-file (XML) FY2026 from the IRS · Classification, formation year and address from the IRS Business Master File

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