South Shore Charter Educational Foundation Inc

Analysis

South Shore Charter Educational Foundation Inc is a registered charity in United States, based in Norwell, MA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, South Shore Charter Educational Foundation Inc reported income of $664k and spending of $310k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $580k to $664k (+14%), an average of +3.4% a year. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Shore Charter Educational Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Upstander Project Inc ($664k), Pisacano Leadership Foundation Inc ($664k) and Connections School of Atlanta ($664k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. At year end it held assets of $13.0m against liabilities of $11.8m, net assets of $1.2m.