Southeast Education Foundation Inc

Analysis

Southeast Education Foundation Inc is a registered charity in United States, based in Cumberland, KY. It received its IRS tax-exemption ruling in March 2019, 7 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 June 2023, Southeast Education Foundation Inc reported income of $114k and spending of $73k, leaving 36% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $157k to $114k (-27%), an average of -10% a year. The sharpest change came in the year to June 2021, when income rose by 679%. Over the whole period it spent 25% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeast Education Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within KY. Charities of a similar size with the same main cause include Wildcat Band Corp ($114k), Hawthorne Family Playschool ($114k) and CRSVLV Royals Inc ($114k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.