Fei Tian College

Analysis

Fei Tian College is a registered charity in United States, based in Cuddebackvlle, NY. It received its IRS tax-exemption ruling in May 2012, 14 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 March 2023, Fei Tian College reported income of $17.6m and spending of $9.0m, leaving 49% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $7.7m to $17.6m (+127%), an average of +23% a year. The sharpest change came in the year to March 2022, when income rose by 81%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fei Tian College sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include University Child Development School ($17.6m), California Virtual Academy at Fresno ($17.6m) and Equality Charter School ($17.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 57% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $116k (1.3% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $31.6m against liabilities of $532k, net assets of $31.0m. It reported 70 employees.