Southeast 4-H Educational Center Inc
Analysis
Southeast 4-H Educational Center Inc is a registered charity in United States, based in Wakefield, VA. It received its IRS tax-exemption ruling in January 1958, 68 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2021, Southeast 4-H Educational Center Inc reported income of $638k and spending of $760k, spending 119% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $1.6m to $638k (-60%), an average of -37% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 110% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Southeast 4-H Educational Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Caritas for Children Inc ($637k), Big Brothers Big Sisters of Mercer County Inc ($638k) and Vamos Outdoors Project ($636k).
On its Form 990 for the period ending December 2021, revenue came from contributions and grants 30% and program service revenue 69% of the total. Other salaries and wages came to $256k. At year end it held assets of $2.5m against liabilities of $170k, net assets of $2.3m. It reported 41 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 69%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Caritas for Children Inc | Milwaukee | $637k |
| Big Brothers Big Sisters of Mercer County Inc | Trenton | $638k |
| Vamos Outdoors Project | Bellingham | $636k |
| Boys & Girls Club of Rusk County | Henderson | $638k |