Surry County Schools Educational Foundation

Analysis

Surry County Schools Educational Foundation is a registered charity in United States, based in Dobson, NC. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Surry County Schools Educational Foundation reported income of $191k and spending of $107k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $191k (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Surry County Schools Educational Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Red Bank Regional Source Foundation Inc ($191k), Glenwood Landing School Community Association ($191k) and PTA Association of Bard High School Early College Inc ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $773k against liabilities of $0, net assets of $773k.