Southeast South-Central Educational Cooperative

Analysis

Southeast South-Central Educational Cooperative is a registered charity in United States, based in London, KY. It received its IRS tax-exemption ruling in April 2014, 12 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 2023, Southeast South-Central Educational Cooperative reported income of $5.3m and spending of $4.6m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $5.3m (+96%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeast South-Central Educational Cooperative sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Sonrise Christian Schools of Southern California Inc ($5.3m), Alumni Association of Kansas State University ($5.3m) and A Step Up Academy Inc ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $1.6m against liabilities of $46k, net assets of $1.5m. It reported 66 employees.