Southern Conference on Language Teaching

Analysis

Southern Conference on Language Teaching is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in May 1969, 57 years ago. 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 December 2023, Southern Conference on Language Teaching reported income of $147k and spending of $119k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $147k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 262%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Conference on Language Teaching sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Charles Kempf Evangelistic Association ($147k), Life Sharing Center Inc ($147k) and St James Foundation Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $13k (11% of expenses). Other salaries and wages came to $785. At year end it held assets of $129k against liabilities of $0, net assets of $129k.