Public Charity

KW SAVINGS CO

KW SAVINGS CO is a nonprofit organization categorized as Public Charity based in CAYCE, SC. Its most recent IRS filing (2024) reports revenue of $100K, expenses of $75K, total assets of $4.0M.

EIN: 451285216 CAYCE, SC Energy Resources Conservation & Development NTEE: C35 Latest filing: 2024
Total Revenue$100K
Total Expenses$75K
Total Assets$4.0M
Grant Records0
Filing Years2019–2024

Mission

TO PROMOTE SOCIAL WELFARE BY FINANCIALLY SUPPORTING SOCIAL PROGRAMS DIRECTED TOWARD IMPROVING THE EFFICIENCY AND CONSERVATION OF ENERGY BY RESIDENTS OF THE COMMUNITY AND COMBATING DETERIORATION OF RESIDENTIAL HOUSING IN THE COMMUNITY.

Where $100 goes at Kw Savings Co

How Kw Savings Co divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$71 Programs the work itself
$29 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $71 for programs

$29
Provide low interest financing of energy efficiency home improvements meeting certain criteria
40% of program spending
$21
Perform visual and comprehensive audits to identify potential energy efficiency home improvements
30% of program spending
$14
Perform post-audits to determine that energy efficiency projects met established criteria
20% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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 Chad Lowder
DIRECTOR Doug Reeves
DIRECTOR Gary Stooksbury
DIRECTOR Jay Kirby
DIRECTOR Jeff Lewis
CHIEF OPERATING OFFICER Lindsey Smith

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $100K $75K $4.0M
2023 $155K $77K $4.0M
2022 $130K $176K $3.7M
2020 $119K $118K $3.2M
2019 $126K $202K $3.2M

Between 2019 and 2024, reported annual revenue declined from $126K to $100K (-21%), with total assets most recently reported at $4.0M.

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

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