Scago Educational Facilities Corporation for Spartanburg School

Analysis

Scago Educational Facilities Corporation for Spartanburg School is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Scago Educational Facilities Corporation for Spartanburg School reported income of $309k and spending of $309k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $395k to $309k (-22%), an average of -7.9% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scago Educational Facilities Corporation for Spartanburg School sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Midview Athletic Boosters ($308k), Melrose Elementary PTO ($309k) and Graduate Career Consortium Inc ($308k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $7.8m against liabilities of $7.8m, net assets of $0.