The Fulton School

Analysis

The Fulton School is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, The Fulton School reported income of $2.9m and spending of $4.0m, spending 138% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $3.3m to $2.9m (-11%), an average of -2.9% a year. The sharpest change came in the year to May 2023, when income rose by 33%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Fulton School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include National Mental Health Corps Inc ($2.9m), Sierra Academy of Expeditionary Learning ($2.9m) and Empower Charter School ($2.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 3.9% and program service revenue 118% of the total. Compensation of current officers, directors and key employees was $121k (3.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $995k against liabilities of $773k, net assets of $223k. It reported 64 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.