Sumter Two School Facilities Inc

Analysis

Sumter Two School Facilities Inc is a registered charity in United States, based in Sumter, SC. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sumter Two School Facilities Inc reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.4m (-23%), an average of -6.4% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sumter Two School Facilities Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include The Key to Learning with Dr Nyman ($1.4m), What If We Could ($1.4m) and Gerald R Ford Foundation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $43.3m against liabilities of $36.5m, net assets of $6.9m.