Fairville Friends School Inc

Analysis

Fairville Friends School Inc is a registered charity in United States, based in Chadds Ford, PA. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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 August 2023, Fairville Friends School Inc reported income of $1.0m and spending of $832k, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $819k to $1.0m (+22%), an average of +5.2% a year. The sharpest change came in the year to August 2022, when income rose by 98%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fairville Friends School Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Evelyns Park Conservancy ($1.0m), Future Farmers of America ($1.0m) and Midland Montessori School Inc ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.8% and program service revenue 93% of the total. Other salaries and wages came to $535k. At year end it held assets of $2.3m against liabilities of $1.1m, net assets of $1.2m. It reported 45 employees.