Shorewood Supporters of Excellence in Educational Development FDN Inc

Analysis

Shorewood Supporters of Excellence in Educational Development FDN Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in June 2003, 23 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 July 2023, Shorewood Supporters of Excellence in Educational Development FDN Inc reported income of $204k and spending of $217k, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $227k to $204k (-10%), an average of -2.6% a year. The sharpest change came in the year to July 2021, when income rose by 101%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shorewood Supporters of Excellence in Educational Development FDN Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within WI. Charities of a similar size with the same main cause include Home of Potential and Excellence Inc ($204k), Mason-Dixon Public Library ($204k) and The Academy Opportunity Scholarship Fund ($204k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.