Southeast Innovation Institute

Analysis

Southeast Innovation Institute is a registered charity in United States, based in Dacula, GA. It received its IRS tax-exemption ruling in September 2020, 6 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 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, Southeast Innovation Institute reported income of $133k and spending of $165k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $764k to $133k (-83%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southeast Innovation Institute sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within GA. Charities of a similar size with the same main cause include Bike City Theatre Company ($133k), Parnassus Society ($133k) and Igbo Organization Inc ($133k).

At year end it held assets of $89k against liabilities of $5,395, net assets of $83k.