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South Carolina Foundation for Educational Leadership

RegisteredEIN 57-0941342Columbia, SCEducation and training
Income$554k2024-06
Spending$277ksame year
Spent / received48%5-year average
Size in its cause69th pctEducation and training
Exempt since1993Supporting organisation
Employees0latest return

Analysis

South Carolina Foundation for Educational Leadership is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, South Carolina Foundation for Educational Leadership reported income of $554k and spending of $277k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $307k to $554k (+81%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 94%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Carolina Foundation for Educational Leadership sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include Newlife Alliance ($554k), SWTC Real Estate Foundation Inc ($554k) and Edceptional Inc ($554k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 26% of the total. At year end it held assets of $4.5m against liabilities of $33k, net assets of $4.5m.

Income and spending

$0$149k$297k$446k$594k2020 Income: $306,7382020 Spending: $189,61320202021 Income: $594,2992021 Spending: $234,26120212022 Income: $498,8842022 Spending: $249,31920222023 Income: $554,7062023 Spending: $247,78220232024 Income: $554,0822024 Spending: $276,5872024
IncomeSpending

Where the income comes from

  • Contributions & grants 60%
  • Program services 26%
  • Other 14%

Similar-sized charities, same cause

CharityLocationIncome
Newlife AllianceRound Rock$554k
SWTC Real Estate Foundation IncFennimore$554k
Edceptional IncRochester$554k
Hamilton County Schools Fund for ExcellenceChattanooga$554k