Dr Doretha Pressey Southern Scholars Initiative Inc

Analysis

Dr Doretha Pressey Southern Scholars Initiative Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dr Doretha Pressey Southern Scholars Initiative Inc reported income of $95k and spending of $141k, spending 149% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $93k to $95k (+1.8%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dr Doretha Pressey Southern Scholars Initiative Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Parkland Football Booster Club Association ($95k), Montessori Charity Foundation ($95k) and Sunrise123org ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.