Southeastern Association of School Business Officials

Analysis

Southeastern Association of School Business Officials is a registered charity in United States, based in Clinton, MS. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Southeastern Association of School Business Officials reported income of $517k and spending of $402k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $172k to $517k (+201%), an average of +32% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern Association of School Business Officials sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MS. Charities of a similar size with the same main cause include Alignment Collaborative for Education Inc ($517k), Louisiana Association of Computer Using Educators ($517k) and Starke County Initiative for Life Long Learning ($517k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.7% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $98k (24% of expenses). At year end it held assets of $726k against liabilities of $501, net assets of $726k.