SCommunity Improvement & Capacity BuildingEIN: 571125289· Ruling Year: 2002

Greenville Area Development Corporation

Greenville, South Carolina

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

💰
$2.2M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$2.6M
Net Assets
📋
$228K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.8%
Year-over-year change (2022 → 2023)
Net Margin
+28.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.65
Net assets divided by total expenses
Liabilities-to-Assets
8.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$2,199,11011%$1,571,01162%$2,817,86423%
2022$1,984,05018%$4,129,39873%$2,285,72449%
2021$2,418,1412%$2,385,99596%$4,479,5956%
2020$2,380,4069%$1,215,56520%$4,206,87138%
2019$2,193,41711%$1,520,44110%$3,038,34224%
2018$1,982,1977%$1,381,01140%$2,453,24933%
2017$1,858,0857%$2,292,19355%$1,843,545232%
2016$2,004,09959%$1,475,87827%$555,40165%
2015$1,263,17514%$1,160,67917%$1,578,4697%
2014$1,476,66118%$1,400,1863%$1,475,9703%
2013$1,800,9429%$1,442,6321%$1,431,44337%
2012$1,646,576$1,457,769$1,048,669

Frequently Asked Questions

What does Greenville Area Development Corporation do?

Greenville Area Development Corporation is a community improvement & capacity building nonprofit organization based in South Carolina. It is classified under NTEE code S113 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Greenville Area Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Greenville Area Development Corporation has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Greenville Area Development Corporation generate?

Greenville Area Development Corporation reports $2.7M in annual revenue and holds $2.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in South Carolina.