Software Education Foundation

Analysis

Software Education Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Software Education Foundation reported income of $241k and spending of $366k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to September 2023, income fell from $4.9m to $241k (-95%), an average of -53% a year. The sharpest change came in the year to September 2020, when income dropped by 97%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Software Education Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 32nd percentile within DC. Charities of a similar size with the same main cause include Endstation Theatre Company ($241k), Sound Impact ($241k) and Artreach St Croix ($241k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $13k. At year end it held assets of $3.0m against liabilities of $1.3m, net assets of $1.7m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.