Mission
THE CITY OF SPARTANBURG DEVELOPMENT CORPORATION EXISTS TO FURTHER ECONOMIC DEVELOPMENT BY RELIEVING UNEMPLOYMENT, COMBATING COMMUNITY DETERIORATION, INCREASING EMPLOYMENT OPPORTUNITIES, AND EXPANDING BUSINESS FOR THE CITY.
Public Charity
CITY OF SPARTANBURG DEVELOPMENT CORPORATION
CITY OF SPARTANBURG DEVELOPMENT CORPORATION, of SPARTANBURG, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $238K in revenue, $163K in expenses, $11.9M in total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $550K.
EIN: 570738992
SPARTANBURG, SC
Latest filing: 2025
Total Revenue$238K
Total Expenses$163K
Total Assets$11.9M
Grants Given6
Grant Total$550K
Filing Years2021–2025
Sample Grants Given
CITY OF SPARTANBURG
INTEREST PAYMENT
$100,000
CITY OF SPARTANBURG
INTEREST PAYMENT
$100,000
CITY OF SPARTANBURG
INTEREST PAYMENT
$100,000
CITY OF SPARTANBURG
INTEREST PAYMENT
$100,000
127 W MAIN LLC
REVITALIZATION PRJCT
$75,000
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
SECRETARY/TR
Chris Story
FINANCE DIRE
Dennis Locke
DIRECTOR
Erica Brown
PRESIDENT
Jerome Rice Mayor
DIRECTOR
Josh Jones
VICE PRESIDE
Kimberly Fly
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $238K | $163K | $11.9M |
| 2024 | $432K | $351K | $11.9M |
| 2023 | $156K | $156K | $12.1M |
| 2022 | $701K | $799K | $12.0M |
| 2021 | $118K | $133K | $12.0M |
Between 2021 and 2025, reported annual revenue grew from $118K to $238K (+101%), with total assets most recently reported at $11.9M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in SC.
SC
Full geographic grant map with state-by-state breakdown available with membership.