Success for All Foundation Inc

Analysis

Success for All Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 1998, 28 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 2023, Success for All Foundation Inc reported income of $12.2m and spending of $11.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.3m to $12.2m (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Success for All Foundation Inc 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 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Democracy Prep Agassi Campus ($12.2m), Method Schools ($12.2m) and Advanced Learning Charter School Inc ($12.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $389k (3.4% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $4.5m against liabilities of $3.0m, net assets of $1.6m. It reported 167 employees.