Scago Educational Facilities Corporation for Union School Distr

Analysis

Scago Educational Facilities Corporation for Union School Distr is a registered charity in United States, based in Union, SC. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) 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 Union School Distr reported income of $2.7m and spending of $861k, leaving 68% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $2.7m (-2.2%), an average of -0.6% a year. Over the whole period it spent 38% 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 Union School Distr sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Leiby S Hall Scholarship TR ($2.7m), Oakland Leaf Foundation ($2.7m) and Single Parent Scholarship Fund of Northwest Arkansas Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $31.6m against liabilities of $20.9m, net assets of $10.7m.