Florida High School for Accelerated Learning-Palm Beach County Campus

Analysis

Florida High School for Accelerated Learning-Palm Beach County Campus is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Florida High School for Accelerated Learning-Palm Beach County Campus reported income of $3.6m and spending of $3.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $3.6m (+97%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Florida High School for Accelerated Learning-Palm Beach County Campus sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Hood Theological Seminary ($3.6m), Arc of Greater New Haven Inc ($3.6m) and Edu Futuro ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.4m against liabilities of $2.1m, net assets of $2.3m.