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Shaw Educational Foundation

RegisteredEIN 64-6026555Cleveland, MSEducation and training
Income$6.1m2023-07
Spending$5.7msame year
Spent / received81%4-year average
Size in its cause90th pctEducation and training
Exempt since2004School
Employees178latest return

Analysis

Shaw Educational Foundation is a registered charity in United States, based in Cleveland, MS. It received its IRS tax-exemption ruling in December 2004, 22 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 July 2023, Shaw Educational Foundation reported income of $6.1m and spending of $5.7m, spending 95% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $4.7m to $6.1m (+29%), an average of +8.8% a year. The sharpest change came in the year to July 2023, when income rose by 20%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shaw Educational Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MS. Charities of a similar size with the same main cause include Gatewood Schools Inc ($6.1m), Connecticut Association of Schools Inc ($6.1m) and Horizon Science Academy-Cleveland Middle School ($6.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 18% and program service revenue 75% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $7.8m against liabilities of $263k, net assets of $7.5m. It reported 178 employees.

Income and spending

$0$1.5m$3.0m$4.5m$6.1m2020 Income: $4,707,3482020 Spending: $3,387,35220202021 Income: $5,489,5842021 Spending: $4,165,02020212022 Income: $5,047,0392022 Spending: $3,911,60020222023 Income: $6,057,9412023 Spending: $5,727,3952023
IncomeSpending

Where the income comes from

  • Contributions & grants 18%
  • Program services 75%
  • Other 7.4%

Similar-sized charities, same cause

CharityLocationIncome
Gatewood Schools IncEatonton$6.1m
Connecticut Association of Schools IncCheshire$6.1m
Horizon Science Academy-Cleveland Middle SchoolCleveland$6.1m
Promise Academy Spring HillMemphis$6.1m