Fisher College

Analysis

Fisher College is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 1948, 78 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fisher College reported income of $23.4m and spending of $25.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $24.5m to $23.4m (-4.2%), an average of -1.1% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fisher College sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include New Designs Charter School ($23.4m), Hawking Steam Charter Schools Inc ($23.5m) and Hmong American Peace Academy Ltd ($23.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $1.1m (4.4% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $66.0m against liabilities of $9.5m, net assets of $56.5m. It reported 453 employees.