Board of Control for Southern Regional Education

Analysis

Board of Control for Southern Regional Education is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 1953, 73 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Board of Control for Southern Regional Education reported income of $26.3m and spending of $25.6m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $17.8m to $26.3m (+48%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Board of Control for Southern Regional Education sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Vmi Foundation ($26.3m), Gateway Science Academy of St Louis ($26.3m) and Canterbury School Corporation ($26.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.2m (4.8% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $40.3m against liabilities of $10.6m, net assets of $29.6m. It reported 127 employees.