The Shodor Education Foundation Inc

Analysis

The Shodor Education Foundation Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, The Shodor Education Foundation Inc reported income of $105k and spending of $157k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $105k (-91%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 84%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Shodor Education Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Village Players ($105k), Link Observatory and Space Science Center Corporation ($105k) and Cantores in Ecclesia ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 4.6% of the total. Other salaries and wages came to $65k. At year end it held assets of $137k against liabilities of $31k, net assets of $106k. It reported 11 employees.