Southeast Community College Educational FDN

Analysis

Southeast Community College Educational FDN is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in October 1975, 51 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 Community College Educational FDN reported income of $11.5m and spending of $8.4m, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.9m to $11.5m (+190%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeast Community College Educational FDN sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within NE. Charities of a similar size with the same main cause include Gateway School of New York ($11.5m), University of North Carolina at Greensboro Investment Fund Inc ($11.5m) and Partnership for Ed Advancement Inc ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $38.2m against liabilities of $35k, net assets of $38.1m.