Southfield School

Analysis

Southfield School is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in December 1946, 80 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 June 2023, Southfield School reported income of $7.0m and spending of $6.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $7.0m (+26%), an average of +6.0% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southfield School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Island Village Montessori School Inc ($7.0m), South Tech Preparatory Academy Inc ($7.0m) and Chesapeake Charter School Alliance Ltd ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 85% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $2.1m against liabilities of $1.8m, net assets of $386k. It reported 136 employees.