Home › Community improvement & capacity building
Waccamaw Economic Opportunity
Waccamaw Economic Opportunity reported $16.9 million in revenue and $16.4 million in expenses for calendar year 2024. Of every $100 it spent, $93.05 went to program services, $6.95 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.9% of the total. Government grants made up 99.9%. The highest compensation it reported for one person was $155,780 (EXECUTIVE DIRECTOR). 1 person received more than $100,000 in reportable compensation. Revenue rose 31% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $16MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $17MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.1% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.9% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.9% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 99.9% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $155,780 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.95% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 1 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.7 | 9.2 |
| Independent voting board members Part VI 1a–1b | 12 of 12 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseWaccamaw Economic Opportunity council serves the community by administering the following programs: headstart, first step, csbg, summer foods and other local programs. Most of the organization's income is derived from federal, state and local grants
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Director/trustee, officer, 40.00 hrs/week | $155,780 | $0 | $0 | $155,780 |
| FINANCE DIRECTOR Director/trustee, officer, 40.00 hrs/week | $98,012 | $0 | $0 | $98,012 |
1 people received more than $100,000 in reportable compensation from Waccamaw Economic Opportunity (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5172
Correct a figure or respond
Every number above is copied from Waccamaw Economic Opportunity's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Waccamaw Economic Opportunity, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Waccamaw Economic Opportunity spent in 2024, $93.05 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- HomestartBoston, MA · revenue $17M · programs 86.4% · FY2025
- Project AccessOrange, CA · revenue $17M · programs 85.1% · 2025
- Southeast Kansas Community Action PGirard, KS · revenue $17M · programs 91.7% · FY2025
- Corporation for Public ManagementEnfield, CT · revenue $17M · programs 86.7% · FY2025
- American Marketing AssociationChicago, IL · revenue $17M · programs 58.1% · FY2025
All community improvement & capacity building charities · Largest charities in South Carolina
Questions people ask
How much of Waccamaw Economic Opportunity's spending goes to programs?
In calendar year 2024, Waccamaw Economic Opportunity reported that 93.1% of its $16.4 million in expenses went to program services, 6.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Waccamaw Economic Opportunity pay its top executive?
The largest total compensation Waccamaw Economic Opportunity reported for one person in calendar year 2024 was $155,780, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Waccamaw Economic Opportunity get its money?
Of $16.9 million in revenue in calendar year 2024, 99.9% came from contributions and grants (including 99.9% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Waccamaw Economic Opportunity a registered charity?
The IRS lists EIN 57-6027714 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523219349304932 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202501219349302565 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313199349323686 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203189349311600 · read the filing
- 2020: Form 990 for calendar year 2020, object 202112859349300006 · read the filing
- 2019: Form 990 for calendar year 2019, object 202002659349301350 · read the filing
All filings for EIN 57-6027714: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.