South Carolina Acceleration Adacemies
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 48% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE MISSION OF LOWCOUNTRY ACCELERATION ACADEMY (LAA) IS TO RE-ENGAGE YOUNG ADULTS NOT EXPERIENCING SUCCESS IN THE TRADITIONAL HIGH SCHOOL BY HELPING THEM TO IDENTIFY THEIR POTENTIAL, OVERCOME OBSTACLES, BUILD CONFIDENCE, AND PROVIDE THE ACADEMIC PROGRAMMING TO EARN THEIR HIGH SCHOOL DIPLOMA, SETTING THEM ON A CAREER PATH TO A BRIGHTER FUTURE.
- Income
- $11.0 million
- Spending
- $9.8 million
- Spent on programs
- 48%
- Reserves
- 2.9 months of spending
- Largest source of income
- government grants, 100%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 50 out of 100.
Reserves
10 of 35Spendable reserves would cover 2.9 months of spending.
Debt
10 of 20It owes 32% of what it owns.
Living within its means
15 of 15Income exceeded spending by 11% of income.
Income trend
15 of 15Income rose 53% on the year before.
Spending floor
0 of 1548% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $4.7 million spent. LOWCOUNTRY ACCELERATION ACADEMY (LAA GROWTH 2023-2024)LAA DEMONSTRATED SUBSTANTIAL ENROLLMENT GROWTH FROM 2023 TO 2024 ACROSS ALL MEASUREMENT PERIODS. THE SCHOOL'S AVERAGE DAILY MEMBERSHIP INCREASED FROM 258.76 TO 353.6 (36.7% GROWTH) AT THE 5TH DAY COUNT, FROM 304.23 TO 423.84 (39.3% GROWTH) AT THE 45TH DAY COUNT, FROM 312.13 TO 444.17 (42.3% GROWTH) AT THE 90TH DAY COUNT, AND FROM 361.24 TO 462.84 (28.1% GROWTH) AT THE 135TH DAY COUNT. THIS CONSISTENT PATTERN OF GROWTH INDICATES STRONG COMMUNITY INTEREST AND RETENTION, WITH LAA MAINTAINING ITS POSITIVE ENROLLMENT TRAJECTORY SINCE OPENING IN 2021.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.