Fathers Harbor Academy Inc

Analysis

Fathers Harbor Academy Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in November 2008, 18 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 December 2023, Fathers Harbor Academy Inc reported income of $562k and spending of $467k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $446k to $562k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 161%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fathers Harbor Academy Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Foundation for American Christian Education ($562k), Peggy Browning Fund ($562k) and Joseph J Mayer Education TR ($562k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $278k. At year end it held assets of $169k against liabilities of $63k, net assets of $106k. It reported 8 employees.