Charleston Library Society
Impact & Measurement
Accountability & Finance
Culture & Community
Leadership & Adaptability
building

Charleston Library Society

 
501(c)(3) organization
Donations are tax-deductible
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164 King Street
Charleston SC 29401

Charleston SC | IRS ruling year: 1941 | EIN: 57-0314372  
infoAn EIN is a unique nine-digit number that identifies a business for tax purposes.
 
Organization Mission
The Charleston Library Society is a cultural institution for life-long learning, serving its members, the Lowcountry community and scholars through access to its ric ...
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Rating Information

rating
Good

This charity's score is 86%, earning it a Three-Star rating. If this organization aligns with your passions and values, you can give with confidence.

This overall score is calculated from multiple beacon scores, weighted as follows: 90% Accountability & Finance, 10% Culture & Community. Learn more about our criteria and methodology.

Historical Ratings
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Rating Report

Accountability & Finance
Score

85

Most Recent Fiscal Year:
FY 2022
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
 

Key Accountability Metrics

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Majority Independent Board Members - 100% independent members
8 out of 8 points  plus
Independent Board Size - 23 independent members
7 out of 7 points  plus
Financial Statements - Review or Compilation
0 out of 15 points  plus
Material Diversion of Assets - None
10 out of 10 points  plus

Tax Form Disclosures and Policies

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No Credit
Website Listed on Tax Form - Listed
2 out of 2 points  plus
Conflict of Interest Policy - Listed
4 out of 4 points  plus
Whistleblower Policy - Listed
4 out of 4 points  plus
Document Retention and Destruction - Listed
4 out of 4 points  plus
Documents Board Meeting Minutes - Yes
2 out of 2 points  plus

Website Disclosures

Full Credit
  
Partial Credit
  
No Credit
Tax Form Posted on Nonprofit's Website - Listed
4 out of 4 points  plus

Financial Metrics

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No Credit
Liabilities to Assets: Ratio - 2.22%
15 out of 15 points  plus
Program Expense: Ratio - 73.50%
25 out of 25 points  plus

Additional Information

Total Revenue and Expenses - Data Available
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Salary of Key Persons - Data Available
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IRS Published Data (Business Master File) - Data Available
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Data Sources (IRS Forms 990) - Data Available
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