Southwestern City Schools Educational Foundation

Analysis

Southwestern City Schools Educational Foundation is a registered charity in United States, based in Grove City, OH. It received its IRS tax-exemption ruling in December 1987, 39 years ago. 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 June 2023, Southwestern City Schools Educational Foundation reported income of $216k and spending of $108k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $167k to $216k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income dropped by 112%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwestern City Schools Educational Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Postgraduate Center West 98th Street Residence Inc ($216k), Society of Gilders Inc ($216k) and Circle of Change Foundation Inc ($216k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.