Southern Federal Tax Institute Inc

Analysis

Southern Federal Tax Institute Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in October 1965, 61 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 October 2024, Southern Federal Tax Institute Inc reported income of $771k and spending of $802k, spending 104% of its income. Across the 6 years on record, from October 2019 to October 2024, income grew from $668k to $771k (+16%), an average of +2.9% a year. The sharpest change came in the year to October 2021, when income rose by 100%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Federal Tax Institute Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Lebanon Community Library Association ($771k), North Central Il Council of Governments ($771k) and Boy Scouts of America ($771k).

On its Form 990 for the period ending October 2024, revenue came from program service revenue 94% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.