Sheffield Education Foundation Inc

Analysis

Sheffield Education Foundation Inc is a registered charity in United States, based in Sheffield, AL. It received its IRS tax-exemption ruling in January 1990, 36 years ago. 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 September 2022, Sheffield Education Foundation Inc reported income of $57k and spending of $16k, leaving 72% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income fell from $63k to $57k (-10.0%), an average of -3.4% a year. The sharpest change came in the year to September 2022, when income rose by 65%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheffield Education Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within AL. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($57k), The Womens Therapy Centre Institute Inc ($57k) and Dr Gertrude a Barber Center Employees Service Fund ($57k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $3,940. At year end it held assets of $577k against liabilities of $0, net assets of $577k. It reported 1 employees.