Mid-county Water Company Inc
501(c)(4)
Only null% goes to programs Strong reserves Growing revenue
Mid-county Water Company Inc is a 501(c)(4) organization based in Winnsboro, South Carolina, registered in 1978, with $964,739 in FY2024 revenue. CharityIndex grades it C+.
Po Box 431, Winnsboro, SC, 29180 EIN 57-0520678 Since 1978
Revenue (FY2024)
$965K
▲ 6.0% vs prior year
Expenses (FY2024)
$774K
Net assets
$2.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 Mid-county Water Company Inc— 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 rating46 mo reserves · +20% 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 Mid-county Water Company Inc: 46 mo reserves · +20% 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 Mid-county Water Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Mid-county Water Company Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 431, Winnsboro, SC, 29180
- City
- Winnsboro
- State
- South Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $797K (FY2017) to $965K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $57KNet assets $2.9M
Operating margin
19.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.0M
Total liabilities
$57K
Net assets
$2.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $964,739▲6.0% | $774,125▼2.9% | $2,944,101▲7.1% | $3,000,633▲6.4% | 990 |
| 2023 | $910,149▲4.8% | $797,650▲4.7% | $2,748,439▲4.5% | $2,821,147▲2.1% | 990 |
| 2022 | $868,478▲7.0% | $761,992▲0.8% | $2,630,968▲4.4% | $2,763,336▲5.0% | 990 |
| 2021 | $811,952▲1.4% | $755,896▼6.8% | $2,521,129▲2.4% | $2,631,168▲3.4% | 990 |
| 2020 | $800,429▼0.3% | $810,894▼2.1% | $2,461,715▼0.3% | $2,543,612▲1.0% | 990 |
| 2019 | $802,656▲1.7% | $828,038▼0.7% | $2,468,264▼0.7% | $2,517,227▼0.6% | 990 |
| 2018 | $789,585▼0.9% | $834,200▲0.7% | $2,486,701▼1.5% | $2,533,099▼1.6% | 990 |
| 2017 | $796,525 | $828,055 | $2,525,634 | $2,574,627 | 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 Mid-county Water Company Inc a legitimate nonprofit?
- Yes. Mid-county Water Company Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 57-0520678, based in Winnsboro, South Carolina.
- What is Mid-county Water Company Inc's EIN?
- Mid-county Water Company Inc's Employer Identification Number (EIN) is 57-0520678.
- How much revenue does Mid-county Water Company Inc report?
- Mid-county Water Company Inc reported $964,739 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mid-county Water Company Inc have?
- CharityIndex grades Mid-county Water Company Inc C+, based on financial health (reserves and operating margin).
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Data for Mid-county Water Company Inc (EIN 57-0520678) 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.