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South Carolina · Nonprofit

USCColumbia Technology Incubator

USCColumbia Technology Incubator (South Carolina) receives grants from 2 organizations whose IRS filings report $750,000 to it, the largest being The Winston-Salem Foundation ($700,000). 1 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$947k
Funders on record
2
Grants received
$750k
Net assets
$240k
1/2 repeat funderspeak grant-dependency 13%
01What it does

What USCColumbia Technology Incubator does

Mission

This organization is formed exclusively for educational and scientific purposes and to increase economic development in the Midlands Region of South Carolina.

As stated on its FY2024 Form 990.

Programs

  1. Provide customized coaching, mentoring, informational seminars, strategic reviews, and intellectual property assessments. Handle urgent company business needs by arranging immediate access to a team of respected local, regional and national mentors and experts. Revenue includes government grants and other revenues that are all related to the program, but excludes rent as noted in b below.

    $913,193 spentof which $450,200 as grants$1,090,340 earned by the program
    100% of program spending
  2. Occupancy rental income and expenses for organizations participating in the incubator program Income 337,802 Expenses 481,303

    $0 spent$337,802 earned by the program
    0% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $913,193.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($788k) Expenses 100 ($620k) Net assets 100 ($224k)2019 Revenue 95 ($750k) Expenses 111 ($690k) Net assets 127 ($284k)2021 Revenue 190 ($1.5M) Expenses 199 ($1.2M) Net assets 252 ($564k)2022 Revenue 117 ($922k) Expenses 182 ($1.1M) Net assets 159 ($357k)2024 Revenue 120 ($947k) Expenses 167 ($1.0M) Net assets 107 ($240k)
20182019202120222024
Revenue (120)Expenses (167)Net assets (107)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 2021 to 2022, from $748k to $573k (−23%).

$291k
$362k
$748k
$573k
$341k
20182019202120222024
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.

2018
2019
2021
2022
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 8% · 2019 10% · 2021 5% · 2022 9% · 2024 46%. Grants only. Government contracts and fees sit inside program revenue.

74% of USCColumbia Technology Incubator’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$168k
’18
$60k
’19
$265k
’21
−$207k
’22
−$90k
’24
3.3
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

Rick Finch

Executive Director

Board chair

Timothy Davis

Chairman, Treasurer

As listed on its FY2024 Form 990.

20182019202120222024
Listed1717171513
Joined·+3·+1·
No longer listed·3·3·
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income rose $50k → $250k.

Funder
'20
'21
'23
'24*
total
funders
1
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% 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 USCColumbia Technology Incubator’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

USCColumbia Technology Incubator leans on a few funders — its largest provides 93% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 USCColumbia Technology Incubator.

93%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2023 100% — broadly stable.

“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

93% of USCColumbia Technology Incubator's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $50k that is directly attributable, 100% of it comes from South Carolina funders.

SC

Funder states come from each funder’s own filing. $700k arriving through sponsors registered in 1 state 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.

04Its place in the field

Against its field

USCColumbia Technology Incubator's revenue grew 20% between 2018 and 2024.

Operating margin−10% · bottom quartile
Months of reserve3.3mo · below the median
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Government funding USCColumbia Technology Incubator receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $117k on record.

Federal$117k
grants $117kcontracts $0
Top agencies
  • Department of Defense$117k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like USCColumbia Technology Incubator

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

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

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 USCColumbia Technology Incubator: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 USCColumbia Technology Incubator?
USCColumbia Technology Incubator (South Carolina) receives grants from 2 organizations whose IRS filings report $750,000 to it, the largest being The Winston-Salem Foundation ($700,000). 1 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does USCColumbia Technology Incubator have?
IRS filings report 2 organizations giving $750,000 in grants to USCColumbia Technology Incubator, 1 of which have funded it in more than one year.
Who is the largest funder of USCColumbia Technology Incubator?
The Winston-Salem Foundation is the largest funder on record, with $700,000 in grants. The full list of funders is on this page.
How can an organization like USCColumbia Technology Incubator 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 USCColumbia Technology Incubator →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 2 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