Southeast Enterprise Faciliation Project

Analysis

Southeast Enterprise Faciliation Project is a registered charity in United States, based in Marion, SD. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, 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 2023, Southeast Enterprise Faciliation Project reported income of $65k and spending of $83k, spending 128% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $65k to $65k (-0.0%), an average of +-0.0% a year. Over the whole period it spent 117% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southeast Enterprise Faciliation Project sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 20th percentile within SD. Charities of a similar size with the same main cause include Executive Service Corps of Houston Inc ($65k), Virginia Woods Property Owners Association Inc ($65k) and Newport City Renaissance Corporation ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $196k against liabilities of $1,465, net assets of $194k.