Fast Foward Charter High School Inc

Analysis

Fast Foward Charter High School Inc is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in May 2006, 20 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, Fast Foward Charter High School Inc reported income of $4.8m and spending of $3.7m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $4.8m (+105%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fast Foward Charter High School 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 91st percentile within UT. Charities of a similar size with the same main cause include Highline College Foundation ($4.8m), Faculty-Student Association of Adirondack Community College Inc ($4.8m) and Arizona Goodwill Education Services ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $184k (5.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.3m against liabilities of $2.6m, net assets of $1.7m. It reported 56 employees.