Student Government Association of the Earl C Clements Academy

Analysis

Student Government Association of the Earl C Clements Academy is a registered charity in United States, based in Morganfield, KY. It received its IRS tax-exemption ruling in March 2004, 22 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 December 2023, Student Government Association of the Earl C Clements Academy reported income of $92k and spending of $96k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $92k (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2022, when income rose by 172%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student Government Association of the Earl C Clements Academy sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within KY. Charities of a similar size with the same main cause include Briagrove Elementary Parent Teacher Organization ($92k), Maxmath Tutoring Online Inc New York Branch ($92k) and Gentlemen & Scholars Inc ($92k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.