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South Carolina · Nonprofit

BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR

BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR (South Carolina) receives grants from 1 organization whose IRS filings report $40,000 to it, the largest being Don Ryan Center for Innovation Inc ($40,000). 0 of them have funded it in more than one year.

Revenue FY2025
$1.1M
Funders on record
1
Grants received
$40k
Net assets
$663k
0/1 repeat funders
01What it does

What Beaufort County Economic Development Cor does

Mission

The vision of the Beaufort County Economic Development Corporation is the collaborative entity for organizing, structuring and leading economic development efforts on behalf of beaufort county's residents. This will be achieved by engaging key stakeholders to diversify the county's economy, attract investments and well-paying jobs, the mission will be carried out in a way that is respec

As stated on its FY2025 Form 990.

Program

  1. The organization's focus areas are fostering capital investment in the county, attracting diversified jobs, attracting grants & other incentives from local companies and improving peoples lives in the county by having good paying jobs.

    $949,457 spentof which $131,175 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $949,457.

02The organization over time

The organization over time

Each line starts at 100 in 2024, so what you read is the shape rather than the size: 150 means half as much again as 2024, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20242024 Revenue 100 ($827k) Expenses 100 ($888k) Net assets 100 ($547k)2025 Revenue 137 ($1.1M) Expenses 123 ($1.1M) Net assets 121 ($663k)
20242025
Revenue (137)Expenses (123)Net assets (121)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $547k to $2.8M (+411%).

$547k
$2.8M
20242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 98% · 2025 49%. Grants only. Government contracts and fees sit inside program revenue.

98% of BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.

−$61k
’24
$42k
’25
16
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

John O'Toole

Executive director

Board chair

Joel Braun

Chairman

As listed on its FY2025 Form 990.

20242025
Listed1016
Joined·+9
No longer listed·3
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'25*
total
funders
1

From the IRS filings of BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR's grant income comes from South Carolina funders.

SC

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR holds deeper cash reserves than three-quarters of the 2,127 community improvement nonprofits its size.

Operating margin4% · below the median
Months of reserve16.2mo · top quartile
Revenue growth (annualized)37% · top quartile

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Organizations like BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

SC

Screen this organization

A dated, signed PDF of the compliance screen for BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR?
BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR (South Carolina) receives grants from 1 organization whose IRS filings report $40,000 to it, the largest being Don Ryan Center for Innovation Inc ($40,000). 0 of them have funded it in more than one year.
How many funders does BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR have?
IRS filings report 1 organization giving $40,000 in grants to BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR.
Who is the largest funder of BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR?
Don Ryan Center for Innovation Inc is the largest funder on record, with $40,000 in grants. The full list of funders is on this page.
How can an organization like BEAUFORT COUNTY ECONOMIC DEVELOPMENT COR find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2024–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing