Charity Search / MEDICAL SOCIETY OF S C
Health Care (E110) 990 on File

MEDICAL SOCIETY OF S C

EIN: 57-0288358 · CHARLESTON, SC 29401-1142 · United States · FY 2024 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$17.7M
Total Revenue
$7.4M
Total Expenses
$625.0M
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 89.7%
Fundraising Efficiency N/A
Operating Reserve 1011.28x
Liability-to-Asset 10.9%
Revenue Diversification 70.8%
Executive Compensation $523K
Compared with Peers
FY 2024
Compared with 3,080 similar organizations (United States, Health Care, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
89.7% 84.8%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
10.3% 11.6%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
1011.3 mo 9.9 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
10.9% 13.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
70.8% 91.1%
P10P90
Top quarter
Surplus margin
Surplus as a share of revenue
58.1% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $17.7M $7.4M $625.0M 89.7% 2
2022 $46.8M $8.2M $478.6M 86.9% 2
2021 $16.9M $9.1M N/A — 0
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Organization Details
EIN
57-0288358
State
SC
City
CHARLESTON
ZIP
29401-1142
Classification
E110
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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