SISTERS OF CHARITY FOUNDATION OF SOUTH CAROLINA

EIN: 570708391 501(c)(3) Religion

Cleveland, OH

Total Revenue
$6,722,671
Total Expenses
$4,794,515
Total Assets
$84,131,957
Net Assets
$84,030,102
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
SC
Principal Officer
Donna Waites
Phone
2166965560
Tax Period
2023-01-01 to 2023-12-31

SISTERS OF CHARITY FOUNDATION OF SOUTH CAROLINA, founded in 1983, is a community nonprofit in the Religion sector that reported $6.7M in total revenue in fiscal year 2023. The organization ran a surplus of $1.9M, a strong 29% operating margin.

Mission

To support and further the mission and ministry of the Sisters of Charity of St. Augustine by addressing the needs of the poor and under served through programs that promote health, education, and social services.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $38,863
Program Service Revenue $0
Investment Income $6,683,808
Other Revenue $0
TOTAL REVENUE $6,722,671

Expense Breakdown

Grants Paid $2,656,000
Salaries & Benefits $887,655
Fundraising Expenses $0
Program Expenses $4,509,187
Other Expenses $1,250,860
TOTAL EXPENSES $4,794,515

Year-over-Year Comparison

2023 2022 Change
Revenue $6,722,671 $6,338,238 +0.1%
Expenses $4,794,515 $5,171,493 -0.1%
Net Income $1,928,156 $1,166,745 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
18
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$771,020
Total Directors
18
$1,136,350
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jan Murphy Ex Officio 1
Director
$0 $55,700 $661,695
Melissa J Rogers Assistant Treasurer 1
Officer
$0 $80,020 $540,470
Susanna Krey Trustee 1
Director
$0 $63,040 $474,655
Donna Waites President 40
Officer
$0 $40,680 $230,550
Macon Lovelace Chair 1
Officer Director
$0 $0 $0
Thomas P Otis Vice Chair 1
Officer Director
$0 $0 $0
Gerald Smalls Treasurer 1
Officer Director
$0 $0 $0
Joseph Lee Pearson Secretary 1
Officer Director
$0 $0 $0
Sr Judith Ann Karam CSA Trustee 1
Director
$0 $0 $0
J Michael McCabe CFP Trustee 1
Director
$0 $0 $0
Patricia J Moore-Pastides MPH Trustee 1
Director
$0 $0 $0
Pamela T Bryant Trustee 1
Director
$0 $0 $0
Maria Smoak Trustee 1
Director
$0 $0 $0
Reshma Khan Trustee 1
Director
$0 $0 $0
Lisa Garnett Bernardin Trustee 1
Director
$0 $0 $0
T Mitchell Watson Trustee 1
Director
$0 $0 $0
Tigerron Wells Trustee 1
Director
$0 $0 $0
Tracy S Bailey Trustee 1
Director
$0 $0 $0
Julio E Mendoza Jr Trustee 1
Director
$0 $0 $0
Rev Tony McDade Trustee 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $6,722,671 $4,794,515 $84,131,957 $1,928,156
2022 $6,338,238 $5,171,493 $81,995,481 $1,166,745
2021 $3,663,141 $4,711,550 $112,898,417 $-1,048,409
2020 $3,545,394 $5,146,809 $109,151,220 $-1,601,415
2019 $4,497,394 $5,154,028 $100,285,560 $-656,634
2018 $6,099,890 $4,797,370 $90,575,454 $1,302,520
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