Sevier Co High School Foundation

Analysis

Sevier Co High School Foundation is a registered charity in United States, based in Sevierville, TN. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sevier Co High School Foundation reported income of $310k and spending of $200k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $310k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 257%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sevier Co High School Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within TN. Charities of a similar size with the same main cause include Endangered Language Alliance Inc ($310k), Help Foundation Inc ($310k) and Monterey Collegiate Foundation ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $25k (13% of expenses). At year end it held assets of $1.6m against liabilities of $112k, net assets of $1.5m. It reported 1 employees.