Sales & Marketing Education Foundation Inc

Analysis

Sales & Marketing Education Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2022, Sales & Marketing Education Foundation Inc reported income of $419k and spending of $165k, leaving 61% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $256k to $419k (+63%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 18% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sales & Marketing Education Foundation Inc 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 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Green County Development ($419k), Alexandria Small Business Development Center ($419k) and Yes She Can Incorporated ($418k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 82% and program service revenue 17% of the total. At year end it held assets of $908k against liabilities of $0, net assets of $908k.