South Carolina · Nonprofit
REGENESIS COMMUNITY DEVELOPMENT CORPORATION
REGENESIS COMMUNITY DEVELOPMENT CORPORATION (South Carolina) receives grants from 4 organizations whose IRS filings report $1,185,358 to it, the largest being KATTOM FOUNDATION ($850,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $134k
- Funders on record
- 4
- Grants received
- $1.2M
- Net assets
- $447k
What Regenesis Community Development Corporation does
Mission
This corporation is organized as a non-profit organization which will operate exclusively for charitable purposes; including but not limited to directly and indirectly, to develop, own, manage, buy and sell affordable housing in and around the city of spartanburg. A. To improve communities in and around the city of spartanburg by providing safe and affordable housing and a suitable living environment, principally for persons of low to very low incomes. B. To conduct and support activities that will expand and promote economic opportunities, community development and community revitalization, principally for persons of low to very low incomes. C. To combat community deterioration through residential development and revitalization, commercial development and revitalization, economic development, and historic preservation. D. To support conduct such other and further activities that may promote housing, economic development, neighborhood revitalization, historic preservation, and communit
As stated on its FY2024 Form 990.
Program
Counseled new homeowners about homeownership. Rented housing to low-income tenants, some of which are under lease purchase options.
$131,322 spent$93,750 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $131,322.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.8M to $1.7M (−4%).
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.
Government-grant reliance: 2017 25% · 2018 17% · 2021 4% · 2022 1%. Grants only. Government contracts and fees sit inside program revenue.
28% of REGENESIS COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (37% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 8 reported years ran a deficit.
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.
Board chair
Miller Cunningham
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2022: the base broadened from 1 funder to 2 funders, grant income rose $150k → $670k.
3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of REGENESIS COMMUNITY DEVELOPMENT CORPORATION’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.
How concentrated its funding is
REGENESIS COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 72% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
28% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund REGENESIS COMMUNITY DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2020 100% · 2021 55% · 2022 97% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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
REGENESIS COMMUNITY DEVELOPMENT CORPORATION draws 100% of its grant income from funders outside South Carolina, across 1 state in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $335k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
REGENESIS COMMUNITY DEVELOPMENT CORPORATION is better cushioned than half of the 7,828 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024
Organizations like REGENESIS COMMUNITY DEVELOPMENT CORPORATION
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Public support
87%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for REGENESIS COMMUNITY DEVELOPMENT CORPORATION: 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.
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 REGENESIS COMMUNITY DEVELOPMENT CORPORATION?
- REGENESIS COMMUNITY DEVELOPMENT CORPORATION (South Carolina) receives grants from 4 organizations whose IRS filings report $1,185,358 to it, the largest being KATTOM FOUNDATION ($850,000). 2 of them have funded it in more than one year.
- How many funders does REGENESIS COMMUNITY DEVELOPMENT CORPORATION have?
- IRS filings report 4 organizations giving $1,185,358 in grants to REGENESIS COMMUNITY DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
- Who is the largest funder of REGENESIS COMMUNITY DEVELOPMENT CORPORATION?
- KATTOM FOUNDATION is the largest funder on record, with $850,000 in grants. The full list of funders is on this page.
- How can an organization like REGENESIS COMMUNITY DEVELOPMENT CORPORATION 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.
Play a game about who funds Regenesis Community Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 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