South Dearborn Schools Endowment Corporation

Analysis

South Dearborn Schools Endowment Corporation is a registered charity in United States, based in Aurora, IN. It received its IRS tax-exemption ruling in October 1998, 28 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, South Dearborn Schools Endowment Corporation reported income of $228k and spending of $132k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $485k to $228k (-53%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 53%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Dearborn Schools Endowment Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include National Federation of the Blind of New York State Inc ($228k), Friends of the Chapel of Four Chaplains Inc ($228k) and Vietnam Veterans of Massachusetts Inc ($228k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $527k against liabilities of $46k, net assets of $481k.