Shaw Educational Foundation
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
Where the income comes from
- Contributions & grants 18%
- Program services 75%
- Other 7.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gatewood Schools Inc | Eatonton | $6.1m |
| Connecticut Association of Schools Inc | Cheshire | $6.1m |
| Horizon Science Academy-Cleveland Middle School | Cleveland | $6.1m |
| Promise Academy Spring Hill | Memphis | $6.1m |