Southwest Education Alliance LLC

Analysis

Southwest Education Alliance LLC is a registered charity in United States, based in Mount Holly, NC. It received its IRS tax-exemption ruling in December 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 June 2024, Southwest Education Alliance LLC reported income of $193k and spending of $186k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $303k to $193k (-36%), an average of -11% a year. The sharpest change came in the year to June 2024, when income rose by 74%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Education Alliance LLC sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Dude Ranch Foundation ($193k), Friends of the Herman Brown Free Library Inc ($193k) and Danville Athletic Boosters Club Inc ($193k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (38% of expenses). Other salaries and wages came to $50k. At year end it held assets of $72k against liabilities of $18k, net assets of $54k. It reported 2 employees.