University South Foundation Inc
Analysis
University South Foundation Inc is a registered charity in United States, based in Sierra Vista, AZ. It received its IRS tax-exemption ruling in February 1989, 37 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, University South Foundation Inc reported income of $393k and spending of $306k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $393k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income rose by 58%. 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, University South Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include South Mecklenburg High School Athletic Booster Club ($393k), Network for Public Education Fund Inc ($394k) and Bosko ($393k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 39% of the total. Other salaries and wages came to $50k. At year end it held assets of $2.2m against liabilities of $1,290, net assets of $2.1m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.5%
- Program services 39%
- Other 56%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| South Mecklenburg High School Athletic Booster Club | Charlotte | $393k |
| Network for Public Education Fund Inc | New York | $394k |
| Bosko | Lake Forest | $393k |
| Haymount United Methodist Church Preschool Inc | Fayetteville | $394k |