Brice-sanders Foundation is a 501(c)(3) organization based in Greenville, South Carolina, registered in 2022, with $578,723 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$579K
▲ 48.2% vs prior year
Religion median: $139K
Expenses (FY2024)
$378K
Net assets
$1.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Brice-sanders Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Brice-sanders Foundation: 35 mo reserves · +35% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Brice-sanders Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Brice-sanders Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $271K (FY2022) to $579K (FY2024) across 3 reported years.
Financial snapshot
Operating margin
34.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$19K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $578,723▲48.2% | $378,106▲0.7% | $1,114,793▲22.5% | $1,134,143▲23.1% | 990 |
| 2023 | $390,600▲44.3% | $375,473▲38.2% | $910,220▲17.9% | $921,190▲19.3% | 990 |
| 2022 | $270,726 | $271,678 | $772,131 | $772,131 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Brice-sanders Foundation (EIN 87-4638080) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.