Independent Insurance Agents & Brokers of South Carolina
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Independent Insurance Agents & Brokers of South Carolina is a 501(c)(6) organization based in Columbia, South Carolina, registered in 1943, with $1,979,249 in FY2024 revenue. CharityIndex grades it B.
800 Gracern Rd, Columbia, SC, 29210 EIN 57-0248455 Since 1943
Revenue (FY2024)
$2.0M
▲ 6.3% vs prior year
Expenses (FY2024)
$2.0M
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Independent Insurance Agents & Brokers of South Carolina— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · -0% margin
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 Independent Insurance Agents & Brokers of South Carolina: 12 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Independent Insurance Agents & Brokers of South Carolina— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Independent Insurance Agents & Brokers of South Carolina: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 800 Gracern Rd, Columbia, SC, 29210
- City
- Columbia
- State
- South Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.5M (FY2020) to $2.0M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $186KNet assets $2.0M
Operating margin
-0.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$186K
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,979,249▲6.3% | $1,988,714▲5.7% | $1,984,353▲0.4% | $2,170,141▼0.4% | 990 |
| 2023 | $1,861,534▲3.9% | $1,880,711▲7.5% | $1,975,481▼0.2% | $2,178,563▼0.2% | 990 |
| 2022 | $1,791,575▲8.2% | $1,749,485▲3.7% | $1,979,338▲0.2% | $2,181,928▲2.5% | 990 |
| 2021 | $1,655,225▲12.7% | $1,686,859▲26.6% | $1,975,095▼0.6% | $2,129,520▼3.8% | 990 |
| 2020 | $1,468,155 | $1,332,695 | $1,986,862 | $2,213,960 | 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.
Frequently asked questions
- Is Independent Insurance Agents & Brokers of South Carolina a legitimate nonprofit?
- Yes. Independent Insurance Agents & Brokers of South Carolina is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 57-0248455, based in Columbia, South Carolina.
- What is Independent Insurance Agents & Brokers of South Carolina's EIN?
- Independent Insurance Agents & Brokers of South Carolina's Employer Identification Number (EIN) is 57-0248455.
- How much revenue does Independent Insurance Agents & Brokers of South Carolina report?
- Independent Insurance Agents & Brokers of South Carolina reported $1,979,249 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Independent Insurance Agents & Brokers of South Carolina have?
- CharityIndex grades Independent Insurance Agents & Brokers of South Carolina B, based on financial health (reserves and operating margin).
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Data for Independent Insurance Agents & Brokers of South Carolina (EIN 57-0248455) 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.