South Dade Education Fund Inc

Analysis

South Dade Education Fund Inc is a registered charity in United States, based in Palmetto Bay, FL. It received its IRS tax-exemption ruling in May 2022, 4 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, South Dade Education Fund Inc reported income of $229k and spending of $243k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $229k (+266%), an average of +266% a year. The sharpest change came in the year to December 2023, when income rose by 266%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Dade Education Fund Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Copeland Run Learnig Ctr Inc ($229k), Roots Forest School Inc ($229k) and Parent Booster USA Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (36% of expenses). Other salaries and wages came to $58k. At year end it held assets of $11k against liabilities of $0, net assets of $11k.