School Tuition Organization of Southeast Iowa

Analysis

School Tuition Organization of Southeast Iowa is a registered charity in United States, based in Bettendorf, IA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 December 2023, School Tuition Organization of Southeast Iowa reported income of $989k and spending of $924k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $989k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, School Tuition Organization of Southeast Iowa sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within IA. Charities of a similar size with the same main cause include Therapy Center Inc ($988k), Werobotics Inc ($989k) and St Vincent de Paul Society of Appleton Inc ($988k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $967k against liabilities of $894k, net assets of $74k.