Southeast Technical Institute Foundation

Analysis

Southeast Technical Institute Foundation is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in December 1996, 30 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 June 2023, Southeast Technical Institute Foundation reported income of $883k and spending of $939k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $750k to $883k (+18%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeast Technical Institute Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within SD. Charities of a similar size with the same main cause include Justworld International Inc ($883k), Friends of the Leeward Coast Public Charter School ($883k) and New Living Israel Inc ($883k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.