Southeastern Technical Institute Foundation Inc

Analysis

Southeastern Technical Institute Foundation Inc is a registered charity in United States, based in Vidalia, GA. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Southeastern Technical Institute Foundation Inc reported income of $460k and spending of $492k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $402k to $460k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern Technical Institute Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Society of Italian American Businessmen Inc ($460k), Fayetteville Creative Schools Inc ($460k) and Association of Mathematics Teacher Eduacators ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.