Southern University System Foundation

Analysis

Southern University System Foundation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in February 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern University System Foundation reported income of $16.9m and spending of $13.5m, spending 80% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $11.5m to $16.9m (+47%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern University System Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within LA. Charities of a similar size with the same main cause include National Ben Gamla Charter Schoolfoundation Inc ($16.9m), Hogan Preparatory Academy Inc ($16.9m) and Illustrative Mathematics ($16.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 3.1% of the total. Other salaries and wages came to $383k. At year end it held assets of $63.9m against liabilities of $39.1m, net assets of $24.7m. It reported 2 employees.