Support for Educational and Economic Development

Analysis

Support for Educational and Economic Development is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Support for Educational and Economic Development reported income of $3.3m and spending of $2.7m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $3.3m (+141%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 80% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Support for Educational and Economic Development sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Earthcorps ($3.3m), Medicines for Humanity Inc ($3.3m) and C U R E Compassionate Utilization of Resources ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.