School of Government Foundation Inc

Analysis

School of Government Foundation Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, School of Government Foundation Inc reported income of $4.6m and spending of $5.4m, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.9m to $4.6m (+17%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income rose by 200%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, School of Government Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Nevada H a N D Inc ($4.6m), William H and Carrie Gottsche Foundation ($4.6m) and North Brunswick U a W Housing Corp ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $251k (4.7% of expenses). Other salaries and wages came to $461k. At year end it held assets of $54.7m against liabilities of $11k, net assets of $54.7m.