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Southeastern Early College & Career Academy Inc

RegisteredEIN 27-1400025Lyons, GAEducation and training
Income$850k2023-06
Spending$753ksame year
Spent / received97%5-year average
Size in its cause74th pctEducation and training
Exempt since2015School
Employees0latest return

Analysis

Southeastern Early College & Career Academy Inc is a registered charity in United States, based in Lyons, GA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southeastern Early College & Career Academy Inc reported income of $850k and spending of $753k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $497k to $850k (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern Early College & Career Academy Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Concordia University Foundation ($850k), Community Library Inc ($850k) and Las Positas College Foundation ($849k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% and program service revenue 95% of the total. Other salaries and wages came to $21k. At year end it held assets of $555k against liabilities of $228k, net assets of $327k.

Income and spending

$0$212k$425k$637k$850k2019 Income: $497,2582019 Spending: $520,56020192020 Income: $551,2322020 Spending: $600,64420202021 Income: $733,1972021 Spending: $719,13320212022 Income: $827,6692022 Spending: $763,60520222023 Income: $849,6102023 Spending: $753,1892023
IncomeSpending

Where the income comes from

  • Contributions & grants 4.1%
  • Program services 95%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Concordia University FoundationIrvine$850k
Community Library IncKilmarnock$850k
Las Positas College FoundationLivermore$849k
Friends of Payton AssociationChicago$851k