Public Charity

South Carolina Community Loan Fund

South Carolina Community Loan Fund is a Public Charity headquartered in Charleston, SC. Financial data from the 2024 filing: $6.9M revenue, $4.2M expenses, $49.6M total assets. 11 publicly reported grants to this organization, totaling roughly $987K, appear in IRS filings.

EIN: 010793507 Charleston, SC Housing & Shelter N.E.C. NTEE: L99 Latest filing: 2024
Total Revenue$6.9M
Total Expenses$4.2M
Total Assets$49.6M
Grant Records11
Funding Total$987K
Filing Years2020–2024

Mission

SOUTH CAROLINA COMMUNITY LOAN FUND (SCCLF) IS A U.S. TREASURY CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) WHOSE MISSION IS TO ADVANCE EQUITABLE ACCESS TO CAPITAL BY PROVIDING LOANS, TECHNICAL ASSISTANCE, AND ADVOCACY FOR AFFORDABLE HOUSING, HEALTH FOOD, COMMUNITY FACILITIES, AND COMMUNITY BUSINESS ENTERPRISES TO CREATE THRIVING, PROSPEROUS, ECONOMICALLY RESILIENT COMMUNITIES FOR ALL SOUTH CAROLINAINS.

Where $100 goes at South Carolina Community Loan Fund

How South Carolina Community Loan Fund divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$73 Programs the work itself
$23 Management running the organization
$4 Fundraising raising the next dollar

Inside the $73 for programs

$73
Loan Program and Other Related Fees
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Adolphus Johnson
Director Benjamin Brams
CLO Brian Colclough
At Large Charles Dew
Director Corey Mcclary
Director Cortney Nick Thomas

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$451,686 6 grants
Civil Rights & Social Justice
$300,000 1 grant
Economic Development
$125,000 1 grant
Human & Social Services
$20,000 1 grant
Health & Medicine
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $6.9M $4.2M $49.6M
2023 $6.6M $4.4M $42.2M
2022 $3.6M $3.0M $41.6M
2021 $5.0M $3.9M $42.5M
2020 $4.9M $3.5M $36.4M

Between 2020 and 2024, reported annual revenue grew from $4.9M to $6.9M (+41%), with total assets most recently reported at $49.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for South Carolina Community Loan Fund

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