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Seminole County Coalition for School Readiness Inc

RegisteredEIN 59-3664594Longwood, FLEducation and training
Income$64.4m2023-06
Spending$64.3msame year
Spent / received100%5-year average
Size in its cause99th pctEducation and training
Exempt since2000Publicly supported organisat
Employees29latest return

Analysis

Seminole County Coalition for School Readiness Inc is a registered charity in United States, based in Longwood, FL. It received its IRS tax-exemption ruling in December 2000, 26 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 2023, Seminole County Coalition for School Readiness Inc reported income of $64.4m and spending of $64.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.5m to $64.4m (+214%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seminole County Coalition for School Readiness Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Charlotte Country Day School ($64.4m), Doral Academy Inc ($64.4m) and North Carolina State University Foundation Inc ($64.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $138k (0.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $5.2m against liabilities of $5.1m, net assets of $186k. It reported 29 employees.

Income and spending

$0$16.1m$32.2m$48.3m$64.4m2019 Income: $20,514,0112019 Spending: $20,500,65120192020 Income: $27,578,6392020 Spending: $27,554,37620202021 Income: $28,675,4592021 Spending: $28,678,96020212022 Income: $35,020,7092022 Spending: $34,974,81420222023 Income: $64,429,9832023 Spending: $64,340,7782023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Program services 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Charlotte Country Day SchoolCharlotte$64.4m
Doral Academy IncMiami$64.4m
North Carolina State University Foundation IncRaleigh$64.3m
Mission Vista AcademyBeaumont$64.6m