Southeastern Airport Managers Association Educational Foundation

Analysis

Southeastern Airport Managers Association Educational Foundation is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in May 1995, 31 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 June 2024, Southeastern Airport Managers Association Educational Foundation reported income of $126k and spending of $45k, leaving 64% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $160k to $126k (-21%), an average of -4.7% a year. The sharpest change came in the year to June 2022, when income rose by 119%. Over the whole period it spent 21% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern Airport Managers Association Educational Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Aspen Camp of the Deaf and Hard of Hearing ($126k), American Friends of Kol Yerushalayim Inc ($126k) and Oyster Bay Athletic Booster Club Inc ($126k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.