South Central Educational Development

Analysis

South Central Educational Development is a registered charity in United States, based in Beckley, WV. It received its IRS tax-exemption ruling in January 1999, 27 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 (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 Educational Development reported income of $302k and spending of $201k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $302k (+394%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 209%. Over the whole period it spent 70% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, South Central Educational Development sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within WV. Charities of a similar size with the same main cause include Boys & Girls Club of Redding Inc ($302k), Young Scientists of SC ($303k) and Xtreme Achievers ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $95k (47% of expenses). At year end it held assets of $324k against liabilities of $0, net assets of $324k.