Southeastern Regional Education Service Center Inc

Analysis

Southeastern Regional Education Service Center Inc is a registered charity in United States, based in Bedford, NH. It received its IRS tax-exemption ruling in December 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southeastern Regional Education Service Center Inc reported income of $3.5m and spending of $3.5m, spending 99% of its income. Across the 6 years on record, from June 2018 to June 2023, income fell from $3.9m to $3.5m (-8.9%), an average of -1.9% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern Regional Education Service Center Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NH. Charities of a similar size with the same main cause include Minnesota Early Learning Academy Inc ($3.5m), Morgan Community College Foundation ($3.5m) and Out Teach ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $876k. At year end it held assets of $1.6m against liabilities of $943k, net assets of $702k. It reported 25 employees.