South Central Power Company Foundation

Analysis

South Central Power Company Foundation is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, South Central Power Company Foundation reported income of $657k and spending of $685k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $578k to $657k (+14%), an average of +3.3% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Central Power Company Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Miami Edtech Inc ($657k), Carolina Collaborative Preparatory ($658k) and North Missouri Center for Youth & Families Inc ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $350k against liabilities of $0, net assets of $350k.