Singing River Educational Association Inc
Analysis
Singing River Educational Association Inc is a registered charity in United States, based in Lucedale, MS. It received its IRS tax-exemption ruling in January 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2023, Singing River Educational Association Inc reported income of $2.0m and spending of $1.7m, spending 82% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.6m to $2.0m (+31%), an average of +7.0% a year. The sharpest change came in the year to April 2023, when income rose by 24%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Singing River Educational Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within MS. Charities of a similar size with the same main cause include North Central Florida Public Charter School Inc ($2.0m), Seattle Area German American School ($2.0m) and The American Spectator Foundation Don Rieck ($2.0m).
On its Form 990 for the period ending April 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $86k (5.1% of expenses). Other salaries and wages came to $818k. At year end it held assets of $1.3m against liabilities of $115k, net assets of $1.2m. It reported 57 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Central Florida Public Charter School Inc | Gainesville | $2.0m |
| Seattle Area German American School | Seattle | $2.0m |
| The American Spectator Foundation Don Rieck | Alexandria | $2.0m |
| Evergreen Community Charter School | Mountainhome | $2.0m |