Fulton Leadership Academy Inc

Analysis

Fulton Leadership Academy Inc is a registered charity in United States, based in East Point, GA. It received its IRS tax-exemption ruling in June 2010, 16 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 2024, Fulton Leadership Academy Inc reported income of $4.7m and spending of $5.2m, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.1m to $4.7m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fulton Leadership Academy Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include New College Foundation Incorporated ($4.7m), Victory Collegiate Academy Corporation ($4.7m) and Synergy School ($4.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $7.8m against liabilities of $10.0m, net assets of -$2.3m. It reported 91 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.