Southeast Education Inc

Analysis

Southeast Education Inc is a registered charity in United States, based in Dothan, AL. It received its IRS tax-exemption ruling in July 1970, 56 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southeast Education Inc reported income of $9.8m and spending of $8.8m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.5m to $9.8m (+31%), an average of +9.5% a year. The sharpest change came in the year to June 2021, when income rose by 94%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeast Education Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within AL. Charities of a similar size with the same main cause include Invest Nebraska Corp ($9.8m), Community Action Commission of Fayette County ($9.8m) and Health Care for All Inc ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. At year end it held assets of $24.8m against liabilities of $6.3m, net assets of $18.5m. It reported 156 employees.