South Baldwin Educational Foundation Inc

Analysis

South Baldwin Educational Foundation Inc is a registered charity in United States, based in Foley, AL. It received its IRS tax-exemption ruling in September 1988, 38 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, South Baldwin Educational Foundation Inc reported income of $224k and spending of $411k, spending 183% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $286k to $224k (-22%), an average of -4.8% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Baldwin Educational Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within AL. Charities of a similar size with the same main cause include Horses of Hope Riding Center ($224k), Cardinal Alliance Parent Organization ($224k) and Trade School at Sbe Inc ($224k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $297k against liabilities of $0, net assets of $297k.

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.