Southland Academy Foundation Inc
Analysis
Southland Academy Foundation Inc is a registered charity in United States, based in Americus, GA. It received its IRS tax-exemption ruling in March 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Southland Academy Foundation Inc reported income of $437k and spending of $372k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $437k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 196%. Over the whole period it spent 54% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southland Academy Foundation Inc 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 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Villa Maria Inc ($437k), MD Line Fire Prot Assn Inc ($437k) and Friends of Writers Inc ($437k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $12k. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Other 24%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Villa Maria Inc | Denver | $437k |
| MD Line Fire Prot Assn Inc | Maryland Line | $437k |
| Friends of Writers Inc | Morrisville | $437k |
| Friends of Golf Inc | Los Angeles | $437k |