SC S0715

Raises the registration exemption threshold for charitable organizations from $7,500 to $10,000 in gross revenue per fiscal year, and from $20,000 to $25,000 for organizations with IRS tax-exempt status that use uncompensated volunteers.

Requires all entities soliciting charitable contributions (including charitable organizations, professional solicitors, and commercial co-venturers) to disclose the legal name and purpose of the charity at the initial time of solicitation.

Creates a new $10,000 threshold for commercial co-venturer registration: those intending to solicit, collect, or receive less than $10,000 during a solicitation campaign are exempt from registering with the Secretary of State.

Prohibits commercial co-venturers from using their registration with the Secretary of State as an implied endorsement or approval by the state.

Changes the measurement period for exemption thresholds from calendar year to fiscal year and clarifies that the threshold applies to gross revenue solicited, collected, earned, or received.